Housing and dereliction are both expected to be tackled under plans by the new Limerick Mayor.
10 point 5 million euro has been allocated for the Mayoral Fund.
John Moran became Limerick’s first directly elected mayor last June
The fund is separate to the council budget agreed in November.
2 point 4 million will be used to get out new housing initiatives like repurposing derelict houses in the likes of Abbeyfeale.
Better spaces in the city and towns to encourage more people to live there will get around 1 point 7 million and 1 point 2 will be used to repair heritage sites and tackle dereliction directly.
325 thousand euro will go to activities and festivals, while Kings Island will get 700 thousand euro to to help with flood-proofing.
It’s the first fund of its kind for this part of the country, with other cities paying close attention as the trend of having directly elected mayors could expand.
Finding new uses for the old Royal cinema on Cecil Street in the city centre is also specifically mentioned.
The mayor said he needed to be faithful to the priorities which underpinned his strong mandate to achieve a more liveable Limerick with better quality housing, the ending of health disadvantage, and equality and prosperity for all its citizens.
"I have tried to allocate funding to ideas which I consider to be transformative pilots. These are designed to help show why the solution Limerick needs may have to be a new innovative approach, and may not be suited to a one-size-fits-all nationally applicable policy.
"By showing value for money or proof of concept for our own ideas in 2025, I hope these pilot projects will help us unlock many more millions of funding in the remaining years of my mayoral term," he said.
