€62m in Funding Announced for Rural Regeneration & Development Projects Across Ireland
Michael Ring TD, Minister for Rural and Community Development, has announced 66 projects which will be allocated funding of €62 million under the €1 billion Rural Regeneration and Development Fund, a key component of Project Ireland 2040.
The announcement, following on from the first announcement in Sligo last year, means that to date, 84 projects have been allocated a total of €86 million funding for rural regeneration and development. This will be leveraged with a further €31 million in matched funding being provided by state-funded bodies. This represents a total investment of €117 million in projects, which will deliver for rural communities across the country.
The announcement took place in the Íontas Arts Centre, Castleblayney, Co. Monaghan where Minister Ring was joined by Heather Humphreys TD, the Minister for Business, Enterprise and Innovation and Seán Canney TD, Minister of State for Community Development, Natural Resources and Digital Development.
The Rural Regeneration and Development Fund aims to revitalise rural Ireland by supporting self-sustaining projects in towns and villages with a population of less than 10,000.
A detailed list of the successful projects announced is provided here.