Student accommodation for universities
Deputy Troy asked for legislation to let technological universities borrow for student accommodation. The Taoiseach said he expected 2024 to be the year the universities could begin such projects.
I will bring the Taoiseach back to his previous role as Minister for Further and Higher Education, Research, Innovation and Science. He will be aware that Government promised to bring in legislation to facilitate and support technological universities to be able to borrow so they could provide their own student accommodation. Places like the Technological University of the Shannon in Athlone, which the Taoiseach visited many times and was very supportive of during his time in the Department, have land ready to be developed to provide student accommodation, which will ensure that students have good-quality affordable accommodation while attending college but also help alleviate the pressure in a general sense in terms of housing in Athlone and the broader midlands area. Can the Taoiseach come back to me, if not today then another time, with a definitive timeframe as to when technological universities can realistically expect to have the permission to go ahead and borrow and start construction? It is a critical thing for them, and it will also help in terms of the housing crisis.
Comment on this
I fully agree with Deputy Troy. I thank him for his support for the technological universities. It has made a real positive impact in Athlone and in the midlands. Just before I left the Department, we had gone out for proposals from the technological universities on what they could do on student accommodation. Those proposals are now back, and they are being assessed. I expect 2024 to be the year in which we can give the green light to our technological universities to commence student accommodation. The only caveat I would add is that we have an open mind on how best to do it. The borrowing framework is one way. If there are other quicker ways of delivering the accommodation, we should look at those too. I will get the Deputy an update from the Minister, however.