EUR 40 million from the European Regional Development Fund (ERDF) will be distributed to support local authorities for designated gateway and hub towns across Ireland. The scheme will enable investments in sustainable transport and urban regeneration measures in Irish urban centres to the tune of EUR 127 million for the period 2014-2020. The ERDF grant is co-funded by the local authorities.
Projects that have been awarded funding are located in Cork, Dublin (incl all 4 LA areas), Limerick, Waterford, Ennis, Kilkenny, Mallow, Tralee, Wexford, Athlone, Dundalk, Galway, Letterkenny, Mullingar, Sligo and Tullamore.
The aim of the ERDF Scheme is to improve the urban environment and revitalise Irish urban areas. It makes capital funding available to tackle social, economic, environmental, climate and demographic challenges and to contribute to an improvement in the development potential of Irish urban centres.
‘I’m particularly pleased to see the number of sustainable transport measures being funded under this call,’ Minister for Transport Paschal Donohoe said.
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