European Regional Development Fund - change to the Fund's rules allows for energy efficient interventions in housing
A recent change in the ERDF rules (Article 7, 1a) allows for energy efficiency interventions in housing up to a total of 4% of the total ERDF allocation. Since the ERDF is a European Cohesion Policy instrument, the support has to be directed to where the need exists, where public support is necessary and where it can support social cohesion. In this context social housing could be a priority for the funding. Social cohesion policy goals can cover competitiveness, job creation, security of energy supply, environment and energy poverty.
ERDF is aimed at economic regeneration projects promoted primarily by the public sector:
- government departments;
- Regional Development Agencies (RDAs);
- local authorities;
- further and higher education establishments;
- other public bodies;
- volunteer sector organisations.
However this does not exclude the private sector, which promotes and helps to fund high quality projects that meet ERDF objectives. Generally, ERDF grants are not given to profit-making private sector companies but in certain circumstances the fund can be used to help to develop small and medium-sized enterprises (SMEs). Private sector companies can present applications in partnership with a public sector body.
Please contact Mike Woollacott, Projects Director to discuss how we can assist you. |
