2136  STUDENT HOUSING CAPITAL OUTLAY

Reference:  State Administrative Manual Section 6501, et. seq.; PPD 92-05.

Student housing projects costing $250,000 or more are considered Major 
Capital Outlay projects.  Capital outlay projects must be approved by the Board 
of Trustees either during the annual Capital Outlay Program each September 
or as an amendment to the capital outlay program at any regularly scheduled 
meeting of the Board of Trustees.  All requirements of the State University 
Administrative Manual, the State Administrative Manual and Physical 
Planning and Development Coded Memoranda related to the Capital Outlay 
Program must be met to obtain the approval of the Board of Trustees.  

In addition, a viable five-year financial plan supporting the project must be 
approved by Auxiliary and Business Services.  The format and instructions 
for the five year financial plan are contained in AppendixÊBAÊ2910.10.

Auxiliary and Business Services requires a market demand study prior to 
approving the construction of additional student housing.  The market 
demand study can be conducted by the campus or by an outside consultant.  
At a minimum, the market demand study should address the following 
issues:

Identify the purpose of the study, the methods used to identify housing 
supply and demand, and summarize findings and recommendations.

Identify housing objectives, conduct a demographic analysis of current 
housing residents, determine housing preferences among students including 
at a minimum the type, cost, and location of housing.

Review historical enrollment data by class level, age, county of residence, 
number of units, origin, and other relevant components of university 
enrollment.  Provide a five year enrollment projection.

Review existing on-campus student housing, and summarize by building the 
type, cost, location, and vacancy rates.  Provide demographic data by census 
tract and/or zip code in the vicinity of the campus related to off-campus 
housing.  Review other data sources as necessary to project future off-campus 
housing supply.

Identify recommended level of housing development. Specify type, cost, and 
location of proposed housing and relate the recommendations to the results 
of the demand and supply analysis.