Simon Harris to unveil €434 million partnership between European Investment Bank and Housing Finance Agency
Universities are to get access to low interest loans to construct an estimated 2,700 beds in college campuses across the country over the coming years.
Government officials say the new initiative will provide long-term financing to Irish higher education institutions at much lower rates to support the construction of new accommodation as well as the renovation of existing campus buildings to improve facilities and energy efficiency.‘I was given five days to leave the country’: Student at centre of deportation campaign graduates from universityMy daughter wants to study nursing but I worry that CAO points are too high.
The moves comes in the same month as students marched through Dublin city centre earlier to protest at “exorbitant” rents and to highlight the growing numbers commuting long distance or finding it difficult to make ends meet. Officials say every student accommodation bed which is built frees up private rental accommodation in our biggest cities and towns.
It includes State funding of up to €31 million for around 560 student beds in Maynooth, Limerick and Galway. Last March, the Government approved further funding of up to €41m for more than 400 on-campus beds in DCU.
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