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€1 million Irrestawra Darek grant scheme launched for third term

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€1 million Irrestawra Darek grant scheme launched for third termThe Irrestawra Darek grant scheme will re-open next month for a third term, following two successful years whereby the Planning Authority said it has committed €18 million.

The grant scheme is open for privately owned residential properties in Gozo and Malta that are located within Urban Conservation Areas (UCAs) and Grade 1 and Grade 2 scheduled residential buildings.

This time around, the scheme is allocating €1 million to promote a more homogeneous upgrade of streetscapes within UCAs, the Authority said.

The PA explained that as in previous years the scheme is open for private owners of residences, located within an Urban Conservation Area (UCA), who wish to carry out restoration and maintenance works on the facade of their old property.

“They may apply for a grant of 70% of the works, up to a maximum of €10,000. Owners of Grade 1 and Grade 2 scheduled buildings may also apply for a rebate on 70% of eligible costs of restoration and conservation works,” the Authority said.

These works may be carried out on the facade, interior and garden architecture of the property. Grade 1 buildings can benefit from up to a maximum of €100,000, whereas Grade 2 buildings up to a maximum of €50,000.

The Authority said that it has allocated €1 million and is giving individual properties up to €20,000 each.

It added that, “this on condition that the cluster of residential properties add to not less than 50m of the streetscape. The properties need to be within an Urban Conservation Area and may include a commercial component.”

The €5 million that is being made available for this year’s scheme come from the fees the Authority generates from the regularisation process application, the PA said.

This scheme, which will start on the 10th of June, is available on a first come first served basis and will close on the 30th of August, or before if funds get taken up.

The Authority said works have to commence after 1st July and have to be concluded within 3 years.

Fiscal receipts have to be presented and where necessary planning permission (if indicated in the letter of conditional approval) needs to be sought prior to works. Request for funds need to be submitted through an architect, concluded the Planning Authority.

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