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Urban and Village Renewal Schemes

Urban Renewal Schemes were first introduced in Ireland in October, 1985. These schemes were introduced in response to the increasing problem of dereliction and dilapidation which had affected large inner areas of our towns and cities. A new awareness had emerged of the importance of conservation and the environment, and this allied to fears of unsustainable suburban sprawl prompted a resurgence of interest in the renewal of historic urban centres in the developing world. The extensive areas of urban blight in so many of our cities and towns bore witness to the fact that Ireland had not been immune to this world wide trend.

The core objectives of the schemes were to promote urban renewal and redevelopment by promoting investment by the private sector in the construction and reconstruction of buildings in designated inner city areas. The incentives introduced were primarily tax-based, targeting investors in and occupiers of properties in designated areas.

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