EMU’s Welcome Home 2025 Plan is an equity initiative that will transform on-campus student housing to ensure that EMU students have access to quality and affordable housing with modern technology that meets the demands of today’s academic world. EMU’s student housing facilities have generally been neglected for decades, and it is time to reverse this trend and invest in housing for our students.
EMU and its partners will invest more than $200 million from 2022-2025 to construct new on-campus student housing, renovate existing housing, and demolish outdated housing. The exact timeline and project details will be determined over the next several months in close partnership with the campus community.
The Welcome Home 2025 Plan is an equity initiative. Its goal is to ensure that EMU student housing residents -- nearly 40% of whom are students of color -- have access to quality and affordable housing.
The need for quality and affordable on-campus student housing with modern technology standards became even more apparent during the COVID-19 pandemic, when many students struggled with housing affordability and access to technology. The Welcome Home 2025 Plan will address this gap by upgrading EMU’s student housing facilities to meet 21st Century standards.
External financing is required to ensure the long-term success of this initiative. EMU will partner Gilbane Development Company, which will coordinate financing for this transformational project through the issuance of long-term, fixed rate bonds. You can read more here about the financing structure.
Long-term affordability for students is the University’s primary goal, which was reflected in responses to the University's request for proposals (RFP).
EMU students live in and pay for on-campus housing. Students will be integrally involved in the planning and design of new and renovated housing, as well as the ongoing operations of student housing.
Residence life is a key component of student success. That’s why EMU will continue to manage all aspects of the residence life experience, including: hiring, training, and supervising resident advisors; assigning rooms to student residents; collecting student payments; and managing student housing contracts.
EMU is not selling any facilities or privatizing any aspect of student housing. EMU will continue to own all on-campus student housing facilities. EMU will also continue to operate all aspects of the residence life operation, including hiring/supervising RAs, processing housing applications and assigning rooms, collecting payments from students, and managing compliance with housing agreements.
EMU will retain total control over maintenance and quality control oversight. EMU and Gilbane will launch new customer satisfaction systems to ensure that student residents’ needs are timely addressed, and student satisfaction surveys will be integrated into Housing operations.
Other universities that Eastern considers to be peer institutions are investing considerable sums of money to upgrade their student housing to meet the demands of current and future prospective students. Many of these projects involve Public-Private Partnerships (P3). Eastern must take similar action or we risk being at a competitive disadvantage. See what other universities are doing.