$41.3 Million Housing Project Approved at Cal State Bakersfield

Bakersfield, Calif. — A variety of funding sources will contribute to the 500 new beds.

CSUWEBBakersfield, Calif. — The California State University Board of Trustees has approved plans for a new student housing complex at CSU Bakersfield. The $41.3 million project will add 500 beds within three four-story buildings, as well as a single-story support facility. No existing halls will be replaced or razed in this project. Construction is expected to begin in November 2013, with occupancy set for February 2015. The developer is Bernards, and the architect is Steinberg Architects. The project will be funded through CSU Systemwide Revenue Bonds, housing reserve program contributions of $500,000 and an $8 million integral loan form the Affordable Student Housing Revolving Fund (ASHRF) loan program.

 

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