The €12 million Irrestawra Darek grant scheme has been re-launched for a second term by the Planning Authority. The scheme was upped by a further €2 million from last year and is set to assist in the regeneration of Malta’s village core areas whilst promoting investment in the restoration, conservation and maintenance of Malta’s built heritage. The scheme is also open to a number of beneficiaries whose property is located within an Urban Conservation Area (UCA), properties of registered voluntary organisations within UCAs and persons with special needs. Following the response and immediate take up of the funds last year, the Authority has apportioned the allocated €10 million. The largest amount, that of €7.5 million, is being allocated to privately owned residential properties located within UCAs and Grade 1 and Grade 2 scheduled buildings, €1 million is being secured for persons with special needs, a further €1 million is being reserved for senior citizens (65+) and €500,000 for properties of registered voluntary organisations within UCAs. This scheme will commence on the 2nd April 2018 and will close on the 28th June 2018. Read more.
Source: Planning Authority