WASHINGTON, DC—Howard University has expanded its existing public-private partnership with Corvias of East Greenwich, RI to provide student housing with a deal to renovate Howard Center, into a mixed-use facility that will feature 183 student beds.
The expansion of the existing P3 between Howard University and Corvias increases the scope of the arrangement to 3,009 beds, $144 million in capital raised, a total of $1.7 billion in total economic impact and $39.5 million in debt defeasance.
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