Local authorities across rural Ireland will receive the funding.
Local authorities across rural Ireland will be given funding to purchase vacant and derelict sites to repurpose as community spaces.
Up to €400,000 will be available per local authority each year.
The funding aims to revitalise rural towns and villages so they become attractive, vibrant places for people to live and work.
Old bank buildings have been identified as candidates for redevelopment.
CEO of the Irish Rural Link, Offaly's Seamus Boland says rural areas have been in need of these supports for a long time:
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