Moyle misses out on Social Investment Funding

20 02 2014

Funding Direction

Ballycastle SDLP Councillor Donal Cunningham has expressed his disappointment that the Moyle area has missed out in the first tranche of funding from the Social Investment Fund.

Councillor Cunningham acknowledged good projects had received funding, but said Moyle had seen nothing from the Assembly Executive.

Cllr Cunningham said: “Almost three years after the £80 million fund was announced in March 2011 – an election year – this money lay unspent by OFMDFM before the first announcements of funding were made in February 2014 – another election year.

“While I accept and welcome the funding for some good projects in other areas, this does not disguise the folly of OFMDFM controlling the Social Investment Fund and the failure of the OFMDFM to deliver.

“The SDLP very much supports money going into areas of need, but the Social Investment Fund is, and continues to be, seen as a half-baked and ill-judged intervention.

“Moyle has seen nothing from the Assembly Executive. Moyle is part of a bigger “Northern” regional group, for which only one project in Coleraine received funding.

“In the face of Westminster cuts, investing wisely is more important than ever, and capital investment projects are the only effective way of stimulating the economy. Yet, despite rising unemployment and the struggle that faces many families, the Assembly Executive has failed to bring forward a single new investment project which would benefit Moyle. Investment is what is needed for the Moyle economy.”