Increased rate of rural funding welcomed

Roscommon/South Leitrim Fine Gael TD, Frank Feighan, has warmly welcomed the news that the current rate of aid being made available for the benefit of communities under the Rural Development Programme (RDP) is being increased from 50% to 75%. 

Roscommon/South Leitrim Fine Gael TD, Frank Feighan, has warmly welcomed the news that the current rate of aid being made available for the benefit of communities under the Rural Development Programme (RDP) is being increased from 50% to 75%. 

The change to the LEADER elements of the Rural Development Programme will see increased availability of funding for both private promoters and community groups in rural Ireland.

“This significant increase in the current rate of aid for private promoters will go some way to addressing the difficulties being experienced in accessing credit in the current economic climate and will provide an increased level of support for rural entrepreneurs in Ireland,” noted Deputy Feighan

“A reallocation within the programme will reassign an extra €10 million to the Basic Services measure of the RDP which, while almost fully allocated, still has significant potential.”

Local Authorities will also be permitted to apply directly to the RDP for funding, working in cooperation with community groups. County Councils will also be eligible to apply for the community rate of aid of 75% under the Village Renewal and Conservation measures of the Programme.   

“I am confident that these changes will give the Roscommon LEADER Partnership and Leitrim Development company flexibility to increase the amount of support available to a variety of projects involving both communities and private individuals,” concluded Deputy Feighan.