It's expected there will be a cap of €420,000.
A revised Mica redress scheme will be brought before Cabinet this morning.
The scheme will cover 100% of the costs of rebuilding work up to a cap of €420,000.
Memo on mica redress scheme to go to Cabinet in the morning. €420K cap. It’s expected that some changes could be made around square foot cost.
— Mícheál Lehane (@MichealLehane) November 29, 2021
Source: Twitter (@MichealLehane)
There will be a cap on the amount per square foot to ensure costs are not a blank cheque.
The scheme will also include a €10,000 rental accommodation allowance.
You're officially on notice Irish Government
You've upset too many sections of society now to get away with this any more. There's fishermen, farmers, students, renters, and many more left out in the cold by your failed policies#MicaRedress? pic.twitter.com/FhQXeEjtq0
— Paddy Diver (@PaddyDiver4) November 29, 2021
Source: Twitter (@PaddyDiver4)
Housing Minister Darragh O’Brien intends to appoint a senior counsel to review how the issues happened in the first place.
While a new building standards regulator will be set up to prevent such issues occurring again.
It comes as Mica groups are due to meet officials in Brussels today as part of their campaign for 100% redress.