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Investi f'darek - Incentive 1

   APPLICATION FORM (EXPRESSION OF INTEREST)       GUIDANCE NOTES


   APPLICATION FORM (EXPRESSION OF INTEREST)
    
GUIDANCE NOTES

The historic cores of our towns and villages, as well as buildings scheduled for protection due to their architectural or historic importance are an integral part of Malta’s heritage and cultural identity.

Notwithstanding their importance, older buildings, particularly those scheduled for protection for their cultural, historical or architectural importance, and those in urban conservation areas (UCAs) are notoriously costly and difficult to maintain.

For this purpose and to promote sustainable urban regeneration, Government in collaboration with MEPA and the VAT Department have launched a scheme to promote investment in restoration, conservation and maintenance of privately owned residential properties located within Urban Conservation Areas (UCAs) and Grade 1 and Grade 2 scheduled buildings.

Who is eligible to apply?
Under this scheme, private owners of residential Grade 1 and Grade 2 scheduled buildings and all privately-owned residential buildings within urban conservation areas (UCAs).

To check whether your property is scheduled click here
To check whether your property is within an urban conservation area (UCA) click here

Which works will be covered by the grant?
The grant will cover the costs of restoration, conservation or maintenance works. The grant is capped at 20% of the restoration costs up to a maximum of €5,000 per beneficiary. Eligible expenditure that may qualify for this grant includes the cost of works related to restoration, cleaning and maintenance of the facade, repair or replacement of doors and apertures, repair or replacement of traditional wooden/masonry balconies, paint and plaster works, consolidation and restoration of the internal building structure that includes repair or replacement of ‘xorok’ and timber/steel beams, arches and ‘kilep’, reconstruction or maintenance of roofs and wells.

Costs of materials, labour, hire of equipment, professional fees (the latter include architect’s fees,  specialist consultancy, project management costs capped at maximum rate of 5% of the total restoration costs), as well as MEPA permit fees and other government charges that are directly related to restoration would be eligible for the grant.

When does the grant scheme close?
Property owners have until the 28th September 2012 to apply submit an application (expression of interest) for this grant in accordance with the process described in the relevant guidance notes.  

This scheme is being made available to a maximum of 1,000 beneficiaries on a first come first served basis.  Only one building per applicant is eligible for support under this scheme. 

By when must works be completed? 
Works must be carried out between 1st January 2012 and 30th June 2014.  

How can I get more information related to this scheme? 
For more information you can either phone Mepa on 22901549 or send an email on investifdarek@mepa.org.mt. Alternatively you can also speak with your architect to guide you accordingly.