Council announces ‘Living City’ management team

Council announces ‘Living City’ management team

June 4, 2021 qrcdssnf 0

first_img TAGSlimerickLimerick City and County CouncilLiving City RELATED ARTICLESMORE FROM AUTHOR Twitter Limerick Ladies National Football League opener to be streamed live  LIMERICK City and County Council has announced that a team has been established to manage the roll out of the ‘Living City’ initiative to regenerate a core part of the city centre.The initiative offers income tax deductions to people carrying out refurbishment of homes and retail spaces that have been designated as Special Regeneration Areas of historic Limerick.Sign up for the weekly Limerick Post newsletter Sign Up The scheme also includes the centres of five other Irish cities – Dublin, Cork, Galway, Waterford and Kilkenny – and is divided into residential and commercial elements.The residential element will offer an income tax deduction, over 10 years, for qualifying expenditure on the refurbishment or conversion of a building for use as a dwelling.To qualify, the building must be built before 1915 and be located in one of the designated areas in the city. The residential tax relief is only available to owner/occupiers and is not on offer to landlords.The commercial relief is given in the form of an accelerated capital allowance for qualifying expenditure on refurbishment or conversion of premises within the special regeneration areas and is not restricted to pre-1915 buildings.The amount of tax relief available under the commercial element of the incentive is capped at €200,000 for any individual project.Limerick City and County Council’s director of Economic Development and Planning, Pat Daly said: “We are particularly welcoming individuals and families interested in participating in the scheme to explore the opportunities now available and to come speak with us – we all want to reinvigorate Georgian Limerick, bring it back to its former glory and encourage family life into the heart of our city.“Furthermore the commercial incentives offered will enhance the retail offer within the city centre as well as supporting employment generation. It is anticipated that this initiative will be supported by other advancements currently underway by the Council including the development of the former Opera Site, The Hanging Gardens site on Henry Street as well as building on completed schemes such as the Quays Project and the Coca Cola Bike scheme.”Those interested in participating in the scheme should contact [email protected] [email protected], or go to www.limerick.ie/council/living-city-initiative-limerick WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Facebook Email Advertisementcenter_img Limerick’s National Camogie League double header to be streamed live WhatsApp Previous articleConnecting creativity in Bealtaine festNext articleFlush and go John Keoghhttp://www.limerickpost.ie Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Linkedin Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Print NewsCouncil announces ‘Living City’ management teamBy John Keogh – May 15, 2015 895 last_img

 

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