Mallow is to receive funding of €4.7 million for town centre regeneration and public realm works under this year’s Urban Regeneration and Development Fund (URDF), says Cork East Fine Gael TD, David Stanton.
Speaking upon confirmation of the latest fund allocations, David Stanton said: “I am very pleased to learn that Mallow will receive considerable funding under the fund’s second call for project proposals. The latest funding allocation for Mallow town centre will ensure the progression of the Mallow Castle Visitor Centre and the Main Street Public Realm Plan and follows on from an allocation of €470,000 for regeneration works previously received under the Urban Regeneration and Development Fund.
“I want to acknowledge the hard work of Cork County Council officials in progressing such a successful funding application with Mallow also recently awarded funding of €200,000 for the development of trails on the grounds of Mallow Castle and Blueway facilities along the River Blackwater under the Outdoor Recreation Infrastructure Scheme.
“The Urban Regeneration and Development Fund has been very successful for Cork East towns previously with Mallow, Carrigtwohill, Cobh and Midleton all receiving funding under the initial call for proposals in 2018. Such funding is pivotal in allowing for substantial infrastructural improvements to be conducted in each urban centre, further boosting the attractiveness of living and working in each”, concluded Deputy Stanton.
Total funding of €2 billion is being made available by the Department of Housing, Local Government and Heritage up to 2027 under the Urban Regeneration and Development Fund to support the objectives of the National Planning Framework (NPF) and National Development Plan (NDP) 2018-2027. The fund, with a total allocation of €150 million in 2021, aims to progress strategic and sustainable development proposals for the regeneration and rejuvenation of urban centres by focussing on infrastructure such as housing, transport and recreation.