DAERA has effectively ruled out a third tranche of the Tier I capital grant scheme until ministers are in place at Stormont to sign off funding.

A budget of £40m was initially approved for two tranches of both Tier I and II in 2016. A total of £7.5m was earmarked for each Tier I tranche, with £15m for the first tranche of Tier II and £10m for the second.