Case Studies

See all of our higher education case studies below. Use the dropdown menus to filter the results. Have a case study you’d like to share? Submit it to us here.

Select Role:
Filter By: 
Asset Class
Guidebook
Impact Area

Capacity Builder

Indiana University-Purdue University Indianapolis

Indianapolis, IN

IUPUI hosts a class called “Planning for a Profitable Business” in a borrowed corner of a public housing complex for formerly homeless veterans on Indianapolis’ Near West Side. The students are current and aspiring entrepreneurs, many of them from this hard-luck neighborhood, which IUPUI is working to improve.”

READ MORE

University of Washington

Seattle, WA

Livable City Year program is a partnership between cities in Washington state and UW’s faculty and students from various disciplines to strategize solutions to the specific community’s needs. Since 2016, this university program has produced numerous projects for the cities of Auburn, Tacoma, and Bellevue including enhancing Startup 425, a program that provides value-adding services to local startups and neighborhood planning projects.

READ MORE

Capital Aggregator

Howard University

Washington, D.C.

Howard University teamed up with the Washington, D.C. government, Fannie Mae, and corporate partners to transform 45 abandoned, university-owned properties in a neglected neighborhood into more than 300 housing units and $65 million in commercial development. The Howard University LeDroit Park Initiative had three themes: 1) celebrate the history of the area; 2) redefine the community; and 3) enhance the quality of life and safety.

READ MORE

Ohio State

Columbus, OH

Working through Campus Partners, a nonprofit community development corporation, Ohio State invested $28 million of its endowment funds into the “South Campus Gateway” complex.

READ MORE

Rowan University

Glassboro, NJ

As Rowan began to increase its capital spending locally, the city of Glassboro saw a unique opportunity to leverage the Rowan investments by developing a plan for the transformation of the downtown area leading to the university. This plan ultimately became the $476 million, mixed-use development of Rowan Boulevard. In the city of Glassboro more than 30 percent of school-aged children qualified for the free lunch program and 20 percent of families earn under the poverty line.

READ MORE

Stillman College

Tuscaloosa, AL

As soon as it became clear that Stillman would be located in a Opportunity Zone, the school’s president seized the opportunity to enlist the support of potential private equity partners, the City of Tuscaloosa, and consultants to develop investment projects for the school’s vacant and unused property holdings.

READ MORE

The University of Cincinnati

Cincinnati, OH

The University of Cincinnati’s endowment was nearly $833 million in 2009. From 2003 through 2009, the University invested $148.6 million of this money (roughly 13.6 percent of the school’s entire endowment) to finance real estate development in the neighborhood of Uptown Cincinnati.

READ MORE

Community Convener

Case Western Reserve in Cleveland

Cleveland, OH

The Greater University Circle Initiative coordinates three large anchor institutions located in Cleveland’s University Circle area—about one-square mile of educational, cultural, and health institutions. Through this initiative, the Cleveland Clinic, University Hospitals, and Case Western Reserve University networked and deployed their resources in a powerful challenge to the persistent poverty and disinvestment in seven surrounding neighborhoods.

READ MORE

Rowan University

Glassboro, NJ

As Rowan began to increase its capital spending locally, the city of Glassboro saw a unique opportunity to leverage the Rowan investments by developing a plan for the transformation of the downtown area leading to the university. This plan ultimately became the $476 million, mixed-use development of Rowan Boulevard. In the city of Glassboro more than 30 percent of school-aged children qualified for the free lunch program and 20 percent of families earn under the poverty line.

READ MORE

Impact Driver

Rowan University

Glassboro, NJ

As Rowan began to increase its capital spending locally, the city of Glassboro saw a unique opportunity to leverage the Rowan investments by developing a plan for the transformation of the downtown area leading to the university. This plan ultimately became the $476 million, mixed-use development of Rowan Boulevard. In the city of Glassboro more than 30 percent of school-aged children qualified for the free lunch program and 20 percent of families earn under the poverty line.

READ MORE

UAB

Birmingham, AL

The University of Alabama at Birmingham offers assistance to full-time, benefits-eligible faculty and staff who buy or renovate a home in designated areas in the nearby neighborhoods of Five Points, Glen Iris and North and South Titusville. These five year conditional grants may be used for the purchase, down payment and/or closing costs for a new home or for renovations on an existing home in the incentive zone.

READ MORE

University of Chicago (Housing)

Chicago, IL

“Since the University of Chicago launched its employer-assisted housing program in 2003, it has had 230 employees receive assistance to purchase homes in Woodlawn, North Kenwood, South Shore, Washington Park, and a few other nearby neighborhoods.”

READ MORE

University of Memphis

Memphis, TN

University Neighborhoods Development Corporation works to build and enrich campus and community environment by investing in surrounding neighborhoods. UNDC is a partnership between University of Memphis, University District Business Alliance, University District, Inc., Shelby County Division of Planning and Development, and Economic Development Growth Engine. Opportunity zones are one of their main initiatives. Their Work Local program is designed to improve the community through job access and blight reduction by providing job-seeking panhandlers with a day’s wages and a meal to clean-up sites, where they work to reduce urban blight.

READ MORE

University of Washington

Seattle, WA

Livable City Year program is a partnership between cities in Washington state and UW’s faculty and students from various disciplines to strategize solutions to the specific community’s needs. Since 2016, this university program has produced numerous projects for the cities of Auburn, Tacoma, and Bellevue including enhancing Startup 425, a program that provides value-adding services to local startups and neighborhood planning projects.

READ MORE

Local Anchor

Case Western Reserve in Cleveland

Cleveland, OH

The Greater University Circle Initiative coordinates three large anchor institutions located in Cleveland’s University Circle area—about one-square mile of educational, cultural, and health institutions. Through this initiative, the Cleveland Clinic, University Hospitals, and Case Western Reserve University networked and deployed their resources in a powerful challenge to the persistent poverty and disinvestment in seven surrounding neighborhoods.

READ MORE

Howard University

Washington, D.C.

Howard University teamed up with the Washington, D.C. government, Fannie Mae, and corporate partners to transform 45 abandoned, university-owned properties in a neglected neighborhood into more than 300 housing units and $65 million in commercial development. The Howard University LeDroit Park Initiative had three themes: 1) celebrate the history of the area; 2) redefine the community; and 3) enhance the quality of life and safety.

READ MORE

Indiana University-Purdue University Indianapolis

Indianapolis, IN

IUPUI hosts a class called “Planning for a Profitable Business” in a borrowed corner of a public housing complex for formerly homeless veterans on Indianapolis’ Near West Side. The students are current and aspiring entrepreneurs, many of them from this hard-luck neighborhood, which IUPUI is working to improve.”

READ MORE

Rowan University

Glassboro, NJ

As Rowan began to increase its capital spending locally, the city of Glassboro saw a unique opportunity to leverage the Rowan investments by developing a plan for the transformation of the downtown area leading to the university. This plan ultimately became the $476 million, mixed-use development of Rowan Boulevard. In the city of Glassboro more than 30 percent of school-aged children qualified for the free lunch program and 20 percent of families earn under the poverty line.

READ MORE

Tulane

New Orleans, LA

The Warwick Hotel has been abandoned since Hurricane Katrina. The 154 room hotel, with its 1950s-era modernist architecture, opened in 1952. Tulane University signed a lease on Warwick and the structure will be completely renovated using opportunity zone money from the New Orleans Redevelopment Fund.

READ MORE

UAB

Birmingham, AL

The University of Alabama at Birmingham offers assistance to full-time, benefits-eligible faculty and staff who buy or renovate a home in designated areas in the nearby neighborhoods of Five Points, Glen Iris and North and South Titusville. These five year conditional grants may be used for the purchase, down payment and/or closing costs for a new home or for renovations on an existing home in the incentive zone.

READ MORE

University at Buffalo

Buffalo, NY

To encourage home ownership and help support stabilization and revitalization in and around the South Campus, the University at Buffalo offers the UB H.O.M.E. (Home Ownership Made Easy) program to full-time and part-time faculty and staff. This program is being funded by the University at Buffalo Foundation (UBF) in partnership with West Side Neighborhood Housing Services (West Side NHS), Inc., a NeighborWorks America Chartered Member with a proven track record of housing and community revitalization.

READ MORE

University of Chicago (Housing)

Chicago, IL

“Since the University of Chicago launched its employer-assisted housing program in 2003, it has had 230 employees receive assistance to purchase homes in Woodlawn, North Kenwood, South Shore, Washington Park, and a few other nearby neighborhoods.”

READ MORE

University of Dayton

Dayton, OH

The university serves as an anchor in The Dayton Arcade project which restored a 9-building complex in downtown Dayton. The projectincludes affordable and market-rate units, University of Dayton and the Entrepreneurs Center’s Arcade Innovation Hub, leasable office and retail space, and event space. The Arcade is part of a larger plan by the City of Dayton to bring residents, jobs, and visitors back to the downtown.

READ MORE

University of Memphis

Memphis, TN

University Neighborhoods Development Corporation works to build and enrich campus and community environment by investing in surrounding neighborhoods. UNDC is a partnership between University of Memphis, University District Business Alliance, University District, Inc., Shelby County Division of Planning and Development, and Economic Development Growth Engine. Opportunity zones are one of their main initiatives. Their Work Local program is designed to improve the community through job access and blight reduction by providing job-seeking panhandlers with a day’s wages and a meal to clean-up sites, where they work to reduce urban blight.

READ MORE

Opportunity Sponsor

Howard University

Washington, D.C.

Howard University teamed up with the Washington, D.C. government, Fannie Mae, and corporate partners to transform 45 abandoned, university-owned properties in a neglected neighborhood into more than 300 housing units and $65 million in commercial development. The Howard University LeDroit Park Initiative had three themes: 1) celebrate the history of the area; 2) redefine the community; and 3) enhance the quality of life and safety.

READ MORE

Lehigh University

Bethlehem, PA

Opportunity Zone equity was paired with Historic Tax Credits to support the transformation of an underutilized 125-year-old building on Lehigh University’s campus into 30 apartments and new retail space in South Bethlehem. Reinventing this space is part of Lehigh’s strategy to demonstrate their commitment to community, revitalize South Bethlehem, and continue campus expansion as the university grows.

READ MORE

Ohio State

Columbus, OH

Working through Campus Partners, a nonprofit community development corporation, Ohio State invested $28 million of its endowment funds into the “South Campus Gateway” complex.

READ MORE

Rowan University

Glassboro, NJ

As Rowan began to increase its capital spending locally, the city of Glassboro saw a unique opportunity to leverage the Rowan investments by developing a plan for the transformation of the downtown area leading to the university. This plan ultimately became the $476 million, mixed-use development of Rowan Boulevard. In the city of Glassboro more than 30 percent of school-aged children qualified for the free lunch program and 20 percent of families earn under the poverty line.

READ MORE

Stillman College

Tuscaloosa, AL

As soon as it became clear that Stillman would be located in a Opportunity Zone, the school’s president seized the opportunity to enlist the support of potential private equity partners, the City of Tuscaloosa, and consultants to develop investment projects for the school’s vacant and unused property holdings.

READ MORE

Tulane

New Orleans, LA

The Warwick Hotel has been abandoned since Hurricane Katrina. The 154 room hotel, with its 1950s-era modernist architecture, opened in 1952. Tulane University signed a lease on Warwick and the structure will be completely renovated using opportunity zone money from the New Orleans Redevelopment Fund.

READ MORE

Did we miss something?

If you don’t see your favorite project here, submit a case study.