Minister for the Environment Phil Hogan made the announcement at the final cabinet meeting before the summer break.
“This sorely needed money will be used to fund clean-up and repair roads which have been left in a poor condition after the floods.
“This help is crucial for the county councils involved but the financial assistance will be used for local authorities only and will not be extended to individual households or businesses.
“I would encourage households that are still struggling after the flooding to apply for the 10 million hardship fund through the Department of Social Protection offices.
“I think that although that these measures will do a great deal to aid the distress caused by the floods, uninsured business owners are yet to be offered financial aid to get back on their feet.
“Small businesses are the life blood of the economy and it is essential that the government step in to make sure these businesses reopen.
“I intend to continue to apply pressure on the minister to ensure that something is done for Cork businesses in need.”