A total of €7 million has been allocated to the North West to tackle vacancy and dereliction in the region.
Donegal is to get the largest share at 4M, followed by Sligo at 2M while Leitrim is to receive 1M.
The funding aims to help local authorities to bring vacant properties back into use with the dual benefit of improving streetscapes and providing additional housing.
It’s being allocated under Call Three of the Urban Regeneration and Development Fund and forms part of the Government’s Vacant Homes Action Plan.
Local authorities will acquire vacant/derelict properties which are either not on the market for sale or to which the market has not responded.
They will then offer these properties for private sale to individuals who in return will commit to bringing the property into use as a home.
Proceeds from the sale of these properties will ensure a rolling programme of acquisitions and disposals is in place.
