A report of ideas gathered by six local authorities will be published in the coming month.
A report into the regeneration of six towns including one in Offaly will be published in the coming month.
Banagher is included as part of the town and village renewal scheme for 2019.
It's aim is to gather ideas from local authorities, businesses and residents of the selected areas in order to bring jobs and further infastructure to them.
Minister For Rural and Community Development Michael Ring believes its a necessary step towards returning jobs to rural areas: