Expanded Vacant Property Refurbishment grant will help bring more derelict properties back into use
Changes to the Croí Cónaithe scheme to include rental properties will help more individuals and families find housing in their locality, according to Fine Gael Senator John Cummins.
Senator Cummins, Fine Gael Spokesman on Housing, Local Government and Heritage said: “From today, this hugely popular scheme is being expanded and enhanced to make it more attractive for owners to refurbish vacant and derelict properties for use as a primary residence or for rental.
“Its expansion to include rental properties is something which I have campaigned on for quite some time and I am delighted to see these changes being confirmed today. I believe it will have a positive impact on the availability of rental properties which is something all stakeholders should welcome.
“A further change I have campaigned on is to increase the grant levels for the scheme from its current €30,000 and €50,000 to better reflect the costs involved in bringing a vacant and derelict property back into productive use. The new rates which will apply are €50,000 for a vacant property of two years, while the enhanced grant will now rise to €70,000 for properties which are derelict or certified as requiring structural works”.
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