Oireachtas Joint and Select Committees

Thursday, 23 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund

9:30 am

Mr. Paul Lemass:

Absolutely. In the long-term strategy, we are very mindful of other Government policies, such as town centre first, in addition to balanced regional development and the need to use vacant property. The long-term strategy will set out the range of options. Digs comprises a real possibility, too. To back up the statistics of the Secretary General, in July there were 1,225 units available with digs accommodation. We ran a campaign over the summer to promote room rental, specifically for students, and at the end of October there were 2,339 beds being advertised on Studentpad and other websites like that. That figure does not include the beds that were advertised but removed when taken up, so there is still capacity.

The Chair referred to the investment capacity of approximately €400 million that has been agreed. That is a funding capacity, which the HFA has put in place. It is a useful funding capability. We would like to nail out the long-term policy and methodology, which includes demand projections and assesses the full range of options for accommodating people.

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