Fianna Fáil Spokesperson on Community Affairs, Éamon Ó Cuív TD has criticised the Minister for the Environment, Community and Local Government, for failing to adequately employ dormant account funds for community projects.
The fund, which now stands at €100 million, comes in from financial institutions every year to help alleviate the problems of socio-economic deprivation, education disadvantage and disabilities.
Deputy Ó Cuív commented: “Through parliamentary questions, I asked the Minister if he intends running a module of flagship projects using Dormant Account Funding similar to that delivered by the previous Government. In his reply the Minister gave the meaningless answer that he is prepared to keep under review proposed new funding measures.
“It is massively disappointing that the Minister is not willing to be pro-active in ensuring that these funds are used for the benefit of the most needy in society.
“The flagship project was a co-funding mechanism between the Dormant Account Funds and community voluntary organisations, whereby, there was a euro for euro matching of funds collected either from philanthropic sources of from community effort, thus enabling a large number of very worthy projects get off the ground.
“The activity generated by spending this money ensured employment and economic activity in communities. It also rewarded those organisations, who year after year shake boxes, run raffles and in many other ways collect funding for very worthy causes.
“I now call on the Minister to immediately re-activate the Dormant Accounts Flagship Programme.”