Sheila Clark on LinkedIn: Top 5 Universities for Student Housing Construction (2024)

Very cool solution that benefits all parties involved.

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I've often thought about the possibility for community colleges and univeristies to partner on student housing. I'll be interested to follow this partnership between Mercer County Community College and Rider University! Aside from helping to address #basicneeds, this could be a compelling strategy to ease #transfer too! Are there other examples of #studenthousing partnerships I should be familiar with??#communitycollege #studentsuccess

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Current high-interest rates, more limited debt-market availability, and dampening investor interest hinders student housing development expectations. This is especially the case for off-campus housing. Nonetheless, optimism in the sector remains, due in part to anticipated demand as undergraduate enrollment is projected to grow 8 percent by 2030, according to the National Center for Education Statistics.According to second quarter 2023 measures, pre-leasing rates for fall 2023 have increased nearly 8 percent compared to last year, with 70 percent of beds committed. Average rents reached an all-time high of $829 a month per bedroom. Approximately 70,000 bedrooms were already under construction, which is an increase of 20,000 beds compared to January figures. Also, 144,000 off-campus bedrooms were under construction in April 2023. This represents a 20,000 bedroom increase over last year. Student Housing of America, Inc. (SHA) provides safe, affordable housing for college students while delivering programs that foster academic excellence and unique communities. SHA announces our HBCU Healthy Housing (H3) Initiative. Through this initiative, we partner with HBCUs to renovate distressed properties near universities to provide state-of-the-art housing for college students.. #hbcu #safehousing #affordablehousing #sha #studenthousing #demand

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Entering or returning to college in the fall is usually a time of excitement. However, this fall, excitement was dashed for some students because they face uncertainty about their housing status—be it on campus or otherwise. According to a recent Forbes article, two key reasons exist for this uncertainty. First, many colleges across the nation are experiencing enrollment increases as a result of students re-entering college after the Covid-19 pandemic pauses and are simply unable to house all students who apply for housing. Second, off-campus rents have risen, making this type of housing unaffordable for some students. This is particularly true for colleges and universities located in urban areas.#hbcu #affordablehousing #safehousing #stablehousing #sha #studenthousingdemand #fall2023enrollmenthttps://lnkd.in/evX5apbU

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Theaffordable housing crunchhas not spared students in college towns.Why it matters:Students would need to earn about $72,000 a year to afford rent in America's most expensive college towns, per a newreportfrom InMyArea.Rent costs range from about $250 per month in some rural towns to more than $1,800 in the priciest California county, the report found.By the numbers:California is home to 16 of the country's 25 most expensive college towns, with the three priciest cities all in Santa Clara County.The most affordable off-campus housing is found in the southern and midwestern parts of the U.S., with the two cheapest in Kentucky.What they're saying:"Affordability and food and housing insecurities, if not addressed, have a direct impact on student success and retention rates," said Deborah Wallace, vice president of administration and finance at California State University, Dominguez Hills.https://lnkd.in/eCDBh6f9#highered #highereducation #higheredleadership #college #colleges #university #universities #Collegesanduniversities #Sacubo #Cacubo #EACUBO #wacubo#nationalcouncilforhighereducation #americancouncilofeducation #nationalhighereducationcouncil #councilforadvancementandsupportofeducation #studenthousing #dormitory #affordablehousing

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Did you know that the affordable housing crisis is also severely affecting college students? 📚👀 Take a look at this article that really breaks down how on average, a college student needs to make almost $70,000 yearly to afford housing and food, WHILE taking classes. 🤯We need to have focus on our college towns and affordability there, too! #affordablehousing #college #collegetowns #collegeaffordability #endhomelessness

We partner with people innovating in all sectors, from manufactured housing…to job & mental health counseling, to money management, because success isn’t only due to hard work. #hbcus #college #finance #notforprofit #housing #affordablehousing #studentsuccess

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Virginia State University has announced a temporary solution to the campus housing crisis by introducing ten clusters of Annex Units on campus. These modular units will provide on-campus housing options for an additional 268 students at VSU starting Fall of 2023.VSU President Dr. Makola M. Abdullah commented, "We are an opportunity University. We want to provide every student who wants to attend VSU the opportunity to do so. However, there is a nationwide shortage of affordable off-campus housing. Therefore, the temporary Annex units allow us to offer more than 260 additional VSU students an affordable on-campus housing option."Read more: https://ow.ly/PFbH50OXanA#virginiastateuniversity #housingshortage #studenthousing

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One of the most important aspects of moving away for college is knowing where you're going to live! Make sure you're ready to navigate the college housing experience by reading the blog post below.Learn more:#TBirdNationhttps://lnkd.in/gxE2hxJY

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Affordable student housing at California community colleges is essential to student success. Learn more in our Student Housing Legislative Brief: https://bit.ly/3CpZxQb.California is experiencing a critical shortage of affordable housing, forcing millions of students to decide between paying for education or providing food and shelter for themselves and their families.California Community Colleges urges budget leaders to fully fund the Higher Education Student Housing Grant Program in the 2023-24 #CABudget. The Affordable Student Housing Grant would provide an additional 3,783 beds for low-income students and incorporate five or more wraparound services that address both academic and basic needs at our college campuses. #SupportCCCHousing#CCCStudentHousing#StudentHousing#StudentSuccess

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