Grants of up to €50,000 will be available to first time buyers, who opt to purchase a vacant or derelict house.
The funding, which ranges from €30,000 to €50,000, will also be given to 'fresh start' applicants - including those who've left a marriage for example.
The scheme, which is available through local authorities from today, covers costs including painting, building and structural works.
Advertisement
Housing Minister Darragh O'Brien says the value of the property won't affect the grant:
