A €10.4 million regeneration plan has been approved for Longford Town under the Urban Regeneration Development Fund.
The project aims to create a new Camlin Quarter on the riverbank in the heart of the town.
The funding forms part of a wider €25.8m stimulus package for four projects across the midlands under a second round of funding announcements linked to the programme.
The €10.4m in funding earmarked for Longford represents the biggest capital-led investment to come to the midlands town.
It brings the county's overall allocation to almost €13.5m following a €2.9m contribution in 2018.
The plans are aimed at revitalising a number of streets at the lower end of the town, alongside developing a state-of-the-art digital hub and carrying out a major overhaul of the former Connolly army barracks site.
Minister for Housing Darragh O'Brien and Minister of State for Local Government Peter Burke are expected to announce details of the investment this afternoon.
Portlaoise: A placemaking project for a Low Carbon Town Centre – €9 million— Ciaran Mullooly (@ciaranmullooly) March 8, 2021
Camlin Quarter Regeneration (Longford)– €10.44 million
Tullamore Urban Regeneration Development 2020 – €2.25 million
Athlone Town Centre Regeneration and Enhancement – €4.13 million