The party's spokesperson on Housing Eoin Ó Broin TD made the call as figures from the Department of Housing reported that just 250 grants have been paid out since the scheme was opened two years ago.
Teachta Ó Broin said: "The Department of Housing has published the latest vacant property refurbishment grant figures. They show that since the scheme was opened in the summer of 2022, just 250 grants have been paid out.
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"What is particularly concerning is that the low level of drawdowns despite 7,366 applications and 4,278 approvals over the last 2 years.
"Since the grant was introduced, applicants have repeatedly raised the need for staged payments.
"Currently, successful applicants have to pay for the refurbishment works up front and claim the grant afterwards. This is simply unworkable.
"Many people who will be approved for the grant will not have the cash up front to cover the works. That is why they applied for the grant in the first place.
"Sinn Féin has been highly critical of this grant since its launch. It lacks ambition. The targets and funding are too low. And crucially staged payments must be introduced."
