Almost €1.2 million has been paid out for vacant property grants in Kilkenny since the scheme's launch, with 22 homes brought back into use.
The Minister for Housing, Local Government and Heritage, James Browne has published the latest figures relating to the vacant property refurbishment grant which show that, nationally, over €77 million has been paid out in relation to the refurbishment of 1,449 homes nationwide.
The figures - which outline applications, approvals and payments under the scheme up to the end of December 2024 - clearly show an exponential increase in the rate of grants issued to homeowners following completion of work.
Overall, since the launch of the grant in July 2022, in Kilkenny there have been 249 applications, 165 approvals and 22 grants issued up to December 31, 2024. As the scheme continues, more and more completions are coming on stream.
Under the vacant property refurbishment grant, property owners can receive a payment of up to €70,000 to turn a vacant or derelict house or building into a 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.
“The Vacant Property Refurbishment Grant is delivering real results, with over €77 million already paid out to bring nearly 1,500 homes back into use in towns and villages across the country," said Minister for Housing James Browne.
“The rapid increase in grant payments, €1,169,919 in Kilkenny 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.”
Full details are available at: 2024 Vacant Property Refurbishment Grant Statistics - October to December
READ MORE KILKENNY PROPERTY NEWS HERE
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.