Tuesday, 23 November 2021
Department of Education and Skills
My Department is seeking to progress a sector wide borrowing framework for TUs in line with the recommendations of the 2019 TURN report. Initial discussions stretching back to 2019 on the development of a TU borrowing framework took place with relevant actors including the Department of Public Expenditure and Reform. It is now anticipated that any borrowing framework would in the first instance prioritise the provision of purpose built student accommodation in line with commitments in the Government's Housing for All plan. While at a relatively preliminary stage proposals are currently being developed with a view to further interactions being conducted with the Department of Public Expenditure and Reform and the Department of Housing, Local Government and Heritage, as appropriate.