The remediation scheme for homeowners in Mayo whose properties have been damaged by pyrite should open for applications within a matter of weeks.

That's according to Mayo FG Senator Michelle Mulherin, who says €40 million euro for the scheme was signed-off by the Cabinet yesterday.

The scheme will be administered by Mayo and Donegal County Councils, and the homeowner's contribution towards remedial works will be 10%.

Senator Mulherin told Midwest News this afternoon that regulations are still being finalised, and it's hoped the scheme will open for applications within weeks.