Minister for Transport, Tourism and Sport, and Fine Gael TD for Dublin Central, Paschal Donohoe, has this afternoon (Thursday) welcomed the approval by the Department of Environment, Community and Local Government of €28.5 million in funding under the Dormant Accounts Action Plan 2016.
The funding is allocated towards a number of programmes and initiatives across the country, with two projects in Dublin Central allocated funding under the Plan this year. They are Cabra for Youth Ltd. and the SWAN Garda Youth Diversion Project.
Minister Donohoe said: ‘The adoption of the Dormant Accounts Action Plan 2016 means that much needed funds, this year to the tune of €28.5 million, can now be dispersed across the country to programmes that are focused on the personal, social and educational development of those most in need’.
“I am happy to see two worthwhile projects from Dublin Central included in, and set to benefit from, the allocation. The funds will now see a Community Garden Project developed by Cabra for Youth Ltd., which will centre on social inclusion and integration through the development of the skills needed for such a project. A community minibus will also be provided for the use by the SWAN Garda Youth Diversion Project, which is located in North inner-city Dublin.
“These funds, which result from unclaimed accounts in credit institutions and life assurance policies, are allocated following consultation with a number of Government Departments. The Plan is designed to further support children, disadvantaged youth groups and the unemployed, among others, making a difference to vital organisations across the country, like Cabra for Youth and the SWAN Project in Dublin Central.”