Donegal County Council is being allocated €4 million in funding to tackle vacancy and dereliction in Donegal, it has been announced today.
The funding will enable the council to buy 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.
Announcing Call Three of the Urban Regeneration and Development Fund (URDF) today, Donegal Minister Charlie McConalogue said: “I’m happy to confirm that my colleague Minister for Housing Darragh O’Brien has allocated €4 million to tackle vacancy and dereliction in Donegal. This will allow vacant properties to be brought back into use and create new homes.
“It’s hugely positive as not only will it remove derelict properties which are eyesores in our towns and villages, it will give people the opportunity to live and participate in their local communities making them more vibrant in the process.”
Minister McConalogue added: “Fianna Fáil in Government is committed to tackling the issue of vacant and derelict properties in our communities and increasing housing supply across the country.”
Minister O’Brien issued the call last January for local authorities to outline their proposals for the URDF funding.