Public-Private Partnerships for On-Campus Housing

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PUBLIC-PRIVATE PARTNERSHIPS are becoming commonplace on campuses across the country, particularly as a means of creating affordable campus housing. There are many advantages and challenges and numerous approaches to consider when entering into a partnership. No one model can meet every institution's need. Each individual institution must decide what approaches are desirable, or even feasible, given the desired goals and circumstances. Many stakeholders must be involved throughout the process to create a successful outcome. Specific stakeholders may vary from institution to institution, but common stakeholders include representatives from the following areas: housing/ residence life, business and finance, auxiliary services, facilities, foundations, private developer and/or affiliates, and students. One metropolitan university's experiences using public-private partnerships to transform itself from a commuter to a residential institution are reviewed, along with relevant research and suggestions for consideration.

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