A revised Mica Redress scheme will be brought before the Cabinet today, but campaigners say it doesn’t go far enough.
Government Ministers are expected to consider raising the cap of the scheme to €420,000. There will be a cap of €136 per square foot of a rebuild.
The scheme will also include a €10,000 rental accommodation allowance.
Mica Campaigner Paddy Diver said the €420,000 grant is essentially a ‘myth’.
Speaking to RTE Drivetime, Mr Diver said: “There will be about 15 per cent of the families that will be able to avail of the 420,000.
“It’s the square foot rate that is the problem.
“There is not a contractor in Ireland that will fix a house for €138 per square foot.”
Mr Diver warns that another major protest of homeowners is on the way if the compensation is not sufficient.
A delegation of mica homeowners is travelling Brussels today to make a presentation to the European Committee on Petitions on Wednesday. Homeowners will highlight to the EU that the Irish Government failed to adhere to EU directives on the use of defective building blocks in constructions in Ireland.