The Living City Initiative

The Living City Initiative is a tax incentive that encourages people to live in historic inner-city areas. It offers tax relief for money spent on:

• Refurbishing or converting homes for owner-occupiers or rental properties.
• Upgrading commercial properties, with accelerated tax allowances for refurbishment or conversion.

This scheme helps regenerate older city areas and supports creating more homes in established locations.

Under the Delivering Homes, Building Communities plan:

• The scheme is extended until 2030.
• It now covers residential properties built before 1975 in designated areas.
• A new tax relief will support converting “over the shop” spaces into homes.
• It will also expand to five regional centres: Athlone, Drogheda, Dundalk, Letterkenny, and Sligo.