LIMERICK City Council has been allocated more than â‚¬46m in government funding for housing projects during 2011.
Over â‚¬36m has been earmarked for projects within regeneration areas of the city and the remainder of the money will be spent directly by Limerick City Council on initiatives such as the Rental Accommodation Scheme (RAS) and the energy efficient housing.
At a meeting of the local authorityâ€™s Housing SPC, director of services Kieran Lehane, said the allocation represents around 9 per cent of the national total and he said it â€œcompares favourablyâ€ with allocations in recent years.
Mr Lehane said he was especially delighted that so much money has been earmarked for projects in regeneration areas.
â€œIn 2011 the final amount is the same as it was in 2010 and it is a great vote of confidence in the process by the Government and by the Department of the Environment and the task now is for the (Regeneration) Agency and the City Council, working with both Limerick County Council and Clare County Council, to make sure that those resources are fully utilised,â€ he said.
Members of the housing committee were unanimous in their praise of City Council officials for their efforts in securing â‚¬46m in funding given the economic difficulties in the country at present.