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COUNTY COUNCIL RECEIVES €1.5M FOR EIGHT UNFINISHED HOUSING ESTATES

first_imgDonegal County Council has secured €1.5M from the Department of the Environment, Community and Local Government under the Special Resolution Fund Initiative for unfinished housing estates.The total amount of funding received in respect of the eight developments is €851,101 and this will in turn leverage additional private investment of €680,288, resulting in a total investment in these Unfinished Estates of €1,531,389.These funds will be targeted to principally address infrastructural deficiencies within the developments such as roads and footpaths, water and sewer services, public lighting and amenity or open space areas, which will provide for the improvement of conditions for residents. All works funded under this initiative must be fully completed and all monies drawn down from the Department before the end of 2014. Details of the approvals are as follows.Development Location Approved FundingProjected Leveraged Private SpendArd na Greine Ardara €86,980 €35,546 Cathedral Hill Raphoe €178,215 €70,000Cois na hAbhainn Malin €59,372 €39,645Crest of the Wave Bundoran €194,400 €129,000Doran Close Bundoran €97,000 €97,000Gerards Way Carndonagh €31,366 €55,858 Monreagh Burnfoot €150,000 €147,239Radharc an Chuian Ramelton €53,768 €106,000COUNTY COUNCIL RECEIVES €1.5M FOR EIGHT UNFINISHED HOUSING ESTATES was last modified: May 6th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Donegal County Councilhousinglast_img read more