The Urban Regeneration and Development Fund (URDF) is a flagship element of Project Ireland 2040. Under the stewardship of the Department of Housing, Local Government and Heritage, the Fund was established to support more compact and sustainable development, through the regeneration and rejuvenation of Ireland’s five cities and other large towns, in line with the objectives of the National Planning Framework (NPF) and National Development Plan (NDP).
The Urban Regeneration and Development Fund (URDF) aims to deliver more compact and sustainable development, as envisaged under Project Ireland 2040. It does this by part-funding regeneration and rejuvenation projects in Ireland’s five cities and other large towns. Currently, the URDF part-funds 132 projects, comprising of almost 400 subprojects, right across the country.
More compact and sustainable development involves a greater proportion of residential and mixed-use development within the existing built-up footprints of our cities and towns. This will ensure more parts of our urban areas become attractive and vibrant places in which to live, work, visit and invest.
One of four funds set up under the National Development Plan 2018-2027, the URDF supports the objectives of the National Planning Framework (NPF). With an initial allocation of 2 billion euro up to 2027, the fund has been extended to 2030 under the revised NDP 2021-2030.
The Department of Housing, Local Government and Heritage has responsibility for administering the fund.
Further details on the fund can be found on gov.ie Urban Regeneration and Development Fund (URDF) page