As part of Project Ireland 2040, the Government announced the establishment of a new Urban Regeneration and DevelopmentFund (URDF), primarily to support the compact growth and sustainable development of Ireland’s five cities and other large urban centres.
The Department of Housing, Planning and Local Government (DHPLG) has responsibility for implementing the URDF, which has an allocation of €2 billion in the National Development Plan (NDP) to 2027, primarily to support the compact growth and sustainable development of Ireland’s five cities and other large urban centres.
In line with the objectives of the National Planning Framework (NPF), the Fund is designed to leverage a greater proportion of residential and commercial development, supported by infrastructure, services and amenities, within the existing built ‘footprint’ of our larger settlements.