Cappoquin is set to receive €5m in funding under the the Rural Regeneration and Development Fund.
This builds on the €1.2m which was allocated in 2020 under category 2 of the same fund.
The series of projects will greatly expand the area and the Minister for Community and Rural Development, Heather Humphreys, will visit Cappoquin later this morning along with Villierstown, Tallow and Lismore.
Over €5 million is being allocated to develop a series of projects in Cappoquin town, including:
- Refurbishing 3 vacant and derelict properties – Fennell’s Pub, Uniacke’s Shop & Moore’s Hotel on Main Street as residential accommodation over office/professional services uses.
- Refurbishing three 3 storey, 3 bedroom terraced townhouses at 6, 7 & 8 Main Street as dwelling units with ancillary mews accommodation at the rear on Green Street.
- Public realm works at Market Square and Main Street including new pavements, new pedestrian crossing, public lighting, street furniture etc.
Local Fine Gael Senator John Cummins has been among those welcoming the news.
“In 2020, government allocated €1.2 million in funding to Cappoquin under Category 2 of the RRDF which brought many of these projects through the various design and approval stages. This follow-on funding of €5 million demonstrates the commitment of government to supporting rural Ireland and its towns and villages. Investments of this nature are key to unlocking the potential that exists in towns such as Cappoquin right across the country”.
Senator Cummins added:
“I’m delighted to have been able to work closely with Cllr. Declan Doocey and Minister Humphrey’s to deliver this very significant funding for Cappoquin. The total cost of this ambitious regeneration project is in the order of €6.3 million and it will be delivered with the assistance of several stakeholders including Waterford City and County Council, Cappoquin Regeneration Company, Cappoquin Community Development Company, Tomar Trust and Waterford Leader Partnership”
“I want to put on record my sincere thanks to all of the stakeholders who have worked so hard to get us to this point. This funding will enable these projects to now proceed which is very exciting. Regenerating our city, towns and villages is a big priority of mine and todays funding goes to show what can be achieved by all stakeholders working together with government. I wish everyone involved in the projects the very best and I look forward to seeing them delivered in the time ahead”.