The demand for student accommodation outstrips supply in certain areas and will continue to do so in the coming years, according to the Minister for Education & Skills, Jan O’Sullivan TD.
The Minister made the comments following the publication of the Report on Student Accommodation: Demand & Supply.
Minister O’Sullivan said: "There are 13 useful recommendations in this report. I am beginning work straight away with Government colleagues and stakeholders to explore ways to increase the availability of student accommodation where needed, including by developing the recommendations made in this report as well as exploring other potential options. These recommendations include capital financing, tax considerations and planning issues, as well as support for the rent-a-room scheme.
"Today, I am announcing two immediate actions to begin this work.
"The first of these is the immediate establishment of an inter-departmental steering group to oversee this work. This group will be chaired by the Deputy Secretary General in my Department with overall responsibility for Higher Education and will include officials from the Higher Education Authority, Department of Finance, the Department of Public Expenditure and Reform and the Department of Environment and Local Government. This group will provide a coordinating mechanism to ensure that the higher education institutions have access to information on new potential funding and delivery models.
"The second action I am announcing today is the awarding of a grant of €30,000, which will be provided by the HEA to the Union of Students’ in Ireland to progress short-term solutions for students in need of accommodation. In the short term, one of the best options to increase supply is for people to rent a spare room in their home to students. It's a win-win situation, as students get accommodation and homeowners can earn up to €12,000 a year tax-free doing this. I know that students unions ran very good information campaigns about this last year, such as the USI's "Homes for Study". The funding being provided today will allow USI to develop their homes.usi.ie website, to communicate more effectively to student and homeowners, and to carry out research into this important issue."
(CD)
Time and date
CONSTRUCTION DIRECTORY
Construction News
02/09/2015
Demand For Student Accommodation Outstrips Supply - O'Sullivan
Latest Construction News
20/11/2024
MDE has been awarded the electrical services contract for the Clondalkin School Development Project in Dublin. Working alongside Cunningham Contracts Ltd., the company will serve as the specialist electrical contractor for the construction of new facilities for Gaelscoil na Camóige, Gaelscoil ...
20/11/2024
In celebration of European Week for Waste Reduction, the Northern Ireland Resources Network (NIRN) has launched an environmental education programme to promote zero-waste principles among young people. Three schools from the ABC Borough—St Francis Primary School in Lurgan, St Patrick's Primary ...
20/11/2024
Work has begun at hospital sites across Northern Ireland as part of preparations to eliminate car parking charges by May 2026. Health and Social Care Trusts are installing the necessary infrastructure for a new traffic management system, following the passing of the Hospital Parking Charges Act by ...
20/11/2024
Fine Gael has accused Sinn Féin of abandoning its commitment to protect consumers from rising energy costs, claiming that the party's policies could lead to increased costs for 2.1 million customers. The criticism comes after Sinn Féin's alternative budget last month proposed retaining the ...
20/11/2024
SDLP Agriculture, Environment, and Rural Affairs Spokesperson Patsy McGlone has urged Minister Andrew Muir to take decisive action to protect the environment, rather than launching additional reviews. The comments came after Minister Muir announced a review into environmental governance during an ...
20/11/2024
Alliance Strangford MLAs Kellie Armstrong and Nick Mathison, along with Alliance East Antrim MLA Danny Donnelly, recently visited the tidal research experiment at Queen's University Marine Laboratory (QML) in Strangford. The project, funded by the Centre for Advanced Sustainable Energy (CASE), is ...
19/11/2024
Phoenix Energy has been awarded an international standards accreditation from the British Standards Institution (BSI) in recognition of its inclusive service approach for customers in vulnerable situations. The certification highlights Phoenix Energy's commitment to providing fair, flexible, and ...
19/11/2024
Seating Matters is investing £3.7 million to enhance and improve its manufacturing facilities in Limavady and L'Derry. The company is aiming to support its bold strategy to triple revenue by 2027. Making the announcement while visiting the company's Limavady site Economy Minister Conor Murphy ...
19/11/2024
SDLP Infrastructure Spokesperson Mark H Durkan has urged the Minister and the Executive to take immediate action to address problems within Northern Ireland Water. Mr Durkan warned that the current state of the wastewater system is creating significant delays for infrastructure projects across ...
19/11/2024
Galway City Council will hold a public information evening on affordable housing on Monday, November 25, 2024, from 4pm to 8pm at the Connacht Hotel, Old Dublin Road, Galway. The event will provide an opportunity for the public to learn about how affordable housing operates. Council staff will be ...