This new scheme is backed by a 40-year €200 million European Investment Bank loan.
The Government will announce a plan today to build 2,700 new student beds.
The low cost housing will cost 434 million euro.
Today's announcement will see the construction of 2,700 beds on college campuses across the country in what will be a joint partnership between the European Investment Bank and the Housing Finance Agency.
This new scheme is backed by a 40-year €200 million European Investment Bank loan.
The initiative will provide long-term financing to support both the construction of new energy efficient accommodation and also the renovation of existing buildings.
The European Investment Fund backing is expected to reduce financing costs for universities and enable lower monthly rents for students.
Daniel Kinahan Set To Apply For Bail
Former Swimming Coach George Gibney Jailed For Over 15 Years For Sexual Abuse Of Children
Robert Pether Returning To Ireland After Five-Year Iraqi Detention
Over 23,000 Teachers Beginning Industrial Action Today
New Funding Announced For Youth Services And Counselling In Kildare On World Mental Health Day
Jury In Triple Murder Trial Of Louth Family Sent Home
Appointment Cancellations Expected As Strikes To Take Place Next Week
Families Face Delays Arranging Funerals Amid Pressure On Post-Mortem Services
