Vacant property grants open to boost housing supply in towns and villages

placeholder image — The former Dunnes Stores building in O'Connell Street, Clonmel is an example of the many vacant properties around Tipperary.

Funding available to convert vacant shops and commercial buildings into residential homes

A new grant scheme aimed at bringing vacant properties back into use has opened for applications, with funding available across several targeted measures designed to increase housing supply in towns and villages.

The Vacant Property Refurbishment Grant now includes a number of strands, among them the Vacant Above the Shop Grant. This initiative offers funding of up to €135,000 to support the conversion of unused spaces above commercial premises into residential accommodation, while allowing the business below to continue operating.

In addition, a targeted top-up to the existing refurbishment grant has been introduced. This aligns with the above-shop scheme and provides additional support of up to €40,000 in cases where entire former commercial buildings are converted into two or more residential units, without retaining any commercial use. In such instances, total support of up to €110,000 is available when delivering three or more units.

A separate Expert Advice Grant will provide up to €5,000 to cover professional services related to the conversion of both above-shop spaces and full commercial properties into residential use.

Although commonly described as the Vacant Above the Shop Grant, the scheme is not confined to multi-storey buildings. It also applies to single-storey premises where unused space beyond the commercial area can be adapted for residential purposes.

From 31 March 2026, these grants are available for projects involving the refurbishment or conversion of vacant spaces within buildings that retain a commercial element. The resulting residential units may be used as a principal private residence or offered for rent, provided tenancies are registered with the Residential Tenancies Board.

All developments supported under the scheme remain subject to the relevant planning permissions.

The measures form part of a broader effort to unlock underused buildings in urban and rural centres by converting vacant and derelict properties into homes.

Further information on the scheme can be obtained by contacting [email protected].