Niall Collins (Limerick County, Fianna Fail) | Oireachtas source

The issue, as we all know, is the cost of construction for the developers and promoters of student accommodation. This scheme will be a partnership between the three universities and promoters of student accommodation. The State will be looking to subvent the cost to the students with reference to the amount they are receiving from their Student Universal Support Ireland, SUSI, grants. That is the type of model involved. We need to bridge that gap. Because of the high cost of construction, it is expensive for anybody to make a student accommodation scheme pay.