There have been just 10 applications in Cork to a €450 million scheme which helps pay for the renovation of empty properties.
The Croí Cónaithe scheme was launched in July, and can give up to €30,000 to renovate a vacant home, and up to €50,000 to renovate a derelict home.
Non-residential properties are also included in the scheme.
Critics of the scheme fear that the grant will increase housing prices, and that banks may be reluctant to give people mortgages on old properties.