Stormont has given the green light to funding of £1.5million for Derry’s Brandywell Stadium.
The money from the Social Investment Fund, and signed off on Thursday evening, is seen as the final part of the jigsaw in the funding required to redevelop the ground.
A further £1.2 million for Leafair Park and £600,000 for Pearse’s GAC from the fund has also been given the green light.
Derry City Council made a successful bid to the Social Investment Fund in 2013 but it is only now that the funds have been given the go ahead.
The local authority has already pledged £4.5m of the £6.2 million required.
Sinn Fein MLA Raymond McCartney welcomed the funding for the Brandywell and for two other projects in the city.
“This announcement of funding from the Social Investment Fund for three projects in Derry is good news for the city.
“Alongside approximately £1.5million for the Brandywell, £1.2 million for Leafair Park and £600,000 for Pearse’s GAC have also been announced.
“A letter of offer has been sent to Derry City and Strabane District Council outlining the funding.
“This is addition to the £3.3 million already announced for the Community Work Programme and the £2.8 million for play park facilities across the city by deputy First Minister Martin McGuinness.
“That brings the total invested in Derry through the Social Investment Fund to £9 million to tackle deprivation and inequality.
“The funding for the Brandywell stadium is particularly welcome for the much needed redevelopment of the facility and the wider area,” she said.