Local community organisations to benefit from Dormant Accounts Fund
Community organisations in Louth are set to benefit from funding from the Dormant Accounts Fund.
An additional €6.5 million is being allocated to support disadvantaged groups across the country, it was announced yesterday.
News of the funding has been welcomed by local Fine Gael Councillor John McGahon.
He said: “The funding will be used to support Physical Activity Measures for disadvantaged communities across the country.
“Funding is also being provided to support the Big Brother Big Sister youth mentoring programme, Men’s Sheds organisations and 8 LGBTI Community Organisations nationwide.
“The measures will provide much needed support for economically, educationally and socially disadvantaged groups and people with disabilities.
“They add to measures approved last year to progress in 2019. In total, over €30 million worth of measures will be supported from the Dormant Accounts Fund in 2019.”
Cllr McGahon said: “Activity under the Dormant Accounts fund has increased substantially over the last number of years, with funding levels increasing from €10 million in 2016, to €16 million in 2017, and up to €28 million in 2018.”