The Rural Regeneration and Development Fund (RRDF) provides funding for the development and construction of capital projects in towns, villages and rural areas across
To date, 215 projects have been approved for RRDF funding of €414 million for projects costing €571 million.
Projects which emerge as successful from calls for applications to the Fund are initially approved for funding in principle and then progress through a further comprehensive approval process before the final confirmation of funding is provided by my Department. At each stage of this approval process, the project is reviewed by my Department to ensure it continues to meet its stated objectives, including financial sustainability.
It is open to project lead parties to make a case to the Department for additional funding in exceptional circumstances if the cost of the project increases. Any request for additional funding is examined on a case by case basis by my Department.
The Burtonport Phase 2 project was approved for RRDF funding of €2,065,75.
I understand that the cost of the project has significantly increased since the project was approved for funding in principle and a request for additional funding for the project has been submitted to my Department by the lead party, Donegal County Council.
My Department is currently reviewing the case for additional funding for the project and will be engaging further with Donegal County Council as the request is being considered in the coming weeks.