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Student housing update: 11 projects active, funding and statutory limits under review
Summary
The governor continues to provide debt-service support for previously approved student housing projects; two community colleges withdrew applications and the administration said additional statute changes would be required to reassign funds to other projects.
The subcommittee received an update on the Higher Education Student Housing Grant Program and on the administration's lease revenue bond structure that replaced the previous approach for supporting selected community college housing projects.
Alexandria (Alex) Waldman and Alex Velasquez of the Department of Finance outlined the status: of 13 originally eligible projects, 11 remain active, four are under construction, five are expected to begin…
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