Dáil Éireann Debate, Wednesday - 10 December 2025
230. Deputy Shane Moynihan asked the Minister for Housing, Local Government and Heritage for an update on the establishment of the new town and infrastructure investment fund; and if community facilities, such as family centres, will be funded. [70544/25]
Amharc ar fhreagraA flagship element of Project Ireland 2040, the Urban Regeneration and Development Fund (URDF) is supporting a programme of significant transformational capital projects that will contribute to the regeneration and rejuvenation of Ireland’s cities and other large towns, in line with the objectives of the National Planning Framework and the National Development Plan.
To date, there have been three rounds of funding provided under the URDF which has resulted in the allocation of €1.9 billion of funding, with URDF supported projects now active in every local authority area in the country.
While Calls 1 and 2 were for specific regeneration projects, the third round of funding (Call 3) is specifically focussed towards addressing long term vacancy and dereliction, while supporting the key objectives of Housing for All and Town Centre First.
The agreed Programme for Government included a commitment to establish a new Towns and Cities Infrastructure Investment Fund to:
• invest in infrastructure, acquire land, assemble sites, de-risk sites;
• support the development of new transport orientated development towns as necessary; and
• continue and expand URDF (Urban Regeneration and Development Fund) investments in project to regenerate the public realm.
In that respect, and as set out in Delivering Homes, Building Communities, the initial €2 billion allocation to the URDF has been extended by a further €500 million to 2030 under the updated NDP. Working alongside other funding streams, this additional funding will expand URDF-type investments to provide broader public investment to support urban regeneration projects and the development of sustainable communities.
The detailed arrangements for the implementation of this additional funding stream are currently under development following the completion of the National Development Plan Review process. Further details should issue to the local authorities in the coming weeks.
My Department will work closely with local authorities in respect of project development under the URDF. However, responsibility for the composition of any applications for funding and their advancement through the various stages of planning, development and completion will remain, in the first instance, a matter for the relevant local authority.
