LIMERICK has had 334 properties approved for refurbishment out of 492 applications under the vacant and derelict property refurbishment grant scheme.
That’s according to figures just published by Department of Housing, Local Government and Heritage.
The latest figures show that, nationally, over €77million has been paid out in relation to the refurbishment of 1,449 homes.
The figures – which outline applications, approvals, and payments under the scheme up to the end of December 2024 – show an increase in the rate of grants issued to homeowners following completion of work.
Overall, since the launch of the grant in July 2022, in Limerick City and County there have been 492 applications, 334 approvals, and 68 grants issued up to 31 December 2024.
Under the vacant property refurbishment grant, owners can receive a payment of up to €70,000 to turn a vacant or derelict house or building into a private permanent home or a rental property.
The grants are paid upon the completion of the works and the submission of the required paperwork demonstrating the work approved has been delivered.
Reflecting on the latest data, Minister for Housing James Browne said that “the rapid increase in grant payments, €3,469,541 in Limerick shows the scheme is growing momentum, helping to tackle vacancy and providing much-needed housing.
“With its ability to provide housing and revitalise communities, it is not surprising that the grant is so popular. Indeed, with over 11,000 applications received and hundreds of applications being received monthly, this initiative is making a real difference in communities across the country,” Minister Browne said.
