• News
    • Research News
    • Faculty News
    • Alumni News
    • Student News
    • STEM News
  • Events
    • Spring 2018 Commencement
  • Publications
    • A&M Magazine
  • Media
    • Videos
      • Videos
      • FAMU Taught Me Series
      • Discover FAMU Series
    • Social Media
    • Student Media
    • Experts Guide
  • Newsletter
  • Contact Us
  • Request Forms
    • Advertising Rate Sheet
  • FAMU.edu
  • Follow us
    • Facebook
    • Twitter
    • Youtube
    • Instagram
    • RSS
FAMU Forward
FAMU Forward

Tallahassee, Florida

April 14th, 2021
  • News
    • Research News
      FAMU To Host NOAA-Sponsored Science Conference

      FAMU To Host NOAA-Sponsored Science Conference

      FAMU Professor Awarded National Science Foundation Excellence in Research Grant

      FAMU Professor Awarded National Science Foundation Excellence in Research Grant

      FAMU’s Medical Marijuana Education and Research Initiative Announces Pensacola Community Forum

      FAMU’s Medical Marijuana Education and Research Initiative Announces Pensacola Community Forum

      FAMU College of Pharmacy Prints 3D Cornea Using Human Cells 

      FAMU College of Pharmacy Prints 3D Cornea Using Human Cells 

    • Faculty News
      FAMU’s David H. Jackson Jr. Appointed Provost and Vice Chancellor for Academic Affairs at NCCU

      FAMU’s David H. Jackson Jr. Appointed Provost and Vice Chancellor for Academic Affairs at NCCU

      FAMU Professor Receives Award for Successful Honeybee Research to Mitigate Colony Collapse Disorder

      FAMU Professor Receives Award for Successful Honeybee Research to Mitigate Colony Collapse Disorder

      FAMU Academic Advisor Ray Bellamy Earns Inaugural Trailblazer Award at the University of Miami

      FAMU Academic Advisor Ray Bellamy Earns Inaugural Trailblazer Award at the University of Miami

      FAMU-FSU College of Engineering Researcher Receives over $1 Million in NSF Grants for Multi-Institutional Bacteria Research

      FAMU-FSU College of Engineering Researcher Receives over $1 Million in NSF Grants for Multi-Institutional Bacteria Research

    • Alumni News
      FAMU Mourns the Passing of Alum Elbert Hatchett

      FAMU Mourns the Passing of Alum Elbert Hatchett

      FAMU Mourns the Passing of Alum U.S. Rep. Alcee Hastings

      FAMU Mourns the Passing of Alum U.S. Rep. Alcee Hastings

      Alumnus Who Arrived on Campus With $20 Leads FAMU Foundation Board

      Alumnus Who Arrived on Campus With $20 Leads FAMU Foundation Board

      FAMU Alumna’s Research Focuses On Racial Equity And Justice Issues For UF Black Students, Faculty

      FAMU Alumna’s Research Focuses On Racial Equity And Justice Issues For UF Black Students, Faculty

    • Student News
      FAMU’s LLC Program Offers Supportive Communities for Students Success

      FAMU’s LLC Program Offers Supportive Communities for Students Success

      FAMU Student Begins Mercy Corps Internship

      FAMU Student Begins Mercy Corps Internship

      FAMU Agribusiness Student To Attend 2021 AFA Food Institute

      FAMU Agribusiness Student To Attend 2021 AFA Food Institute

      FAMU-FSU COE Students Among Black Engineer of the Year Award Winners

      FAMU-FSU COE Students Among Black Engineer of the Year Award Winners

    • STEM News
      Keysight Technologies Extends Commitment to FAMU-FSU College of Engineering

      Keysight Technologies Extends Commitment to FAMU-FSU College of Engineering

      FAMU-FSU COE Researchers Find New Microwave Technique That Makes Fertilizer More Efficient, Environmentally Friendly

      FAMU-FSU COE Researchers Find New Microwave Technique That Makes Fertilizer More Efficient, Environmentally Friendly

      FAMU Physics Professor Awarded $350,000 National Science Foundation Grant

      FAMU Physics Professor Awarded $350,000 National Science Foundation Grant

      FAMU Chemical Engineering Student Gets Historic Doctorate, Gets Offer From Harvard

      FAMU Chemical Engineering Student Gets Historic Doctorate, Gets Offer From Harvard

  • Events
    • Spring 2018 Commencement
  • Publications
    • A&M Magazine
  • Media
    • Videos
      • Videos
      • FAMU Taught Me Series
      • Discover FAMU Series
    • Social Media
    • Student Media
    • Experts Guide
  • Newsletter
  • Contact Us
  • Request Forms
    • Advertising Rate Sheet
  • FAMU.edu
  • Follow us
    • Facebook
    • Twitter
    • Youtube
    • Instagram
    • RSS
Home
News
Students

FAMU Closes on Loan and Breaks Ground for New Residence Hall and Dining Facility

March 6th, 2019 Veronique George News, Students
FAMU Closes on Loan and Breaks Ground for New Residence Hall and Dining Facility

Florida A&M University (FAMU) moved a step closer to building a new residence hall and dining facility with a ceremonial groundbreaking held today at the construction on their main campus.

Earlier this week, FAMU President Larry Robinson, Ph.D., had an opportunity to meet with the executive director of the U.S. Department of Education’s Historically Black Colleges and Universities (HBCU) Capital Financing Program in Washington, D.C., after signing off on a $125 million loan backed by the Program. It is the largest package ever financed by the federal program.

Department of Education officials signed the paperwork on Tuesday, March 5, and the funds were made available on today. Construction is scheduled to start in April near Osceola Street and Martin Luther King, Jr. Boulevard, and the building is expected to be ready for occupancy by the fall of 2020.

“This is a game-changing day for FAMU,” said Board of Trustees Chairman Kelvin Lawson. “To thrive and grow, this is a must do for our students moving forward.”

The University’s Chief Financial Officer Wanda Ford, DM, said FAMU will use approximately $70 million of the funds to build a 700-bed residence hall and refinance $55 million of existing housing debt. This will free up $3 million annually over the next 10 years, which will be used to maintain buildings, such as Gibbs and Palmetto South Phase III.

“You will all be proud of what will be built on this site; the bottom line of this project is to advance the success of our students,” said President Robinson.

During the ceremony, Robinson thanked FAMU trustees, alumni, University staff and leaders for their dedication as well as private and public partners for their work.

FAMU applied for the loan for the first time after the Florida Legislature, in 2018, passed a bill that allowed the University to pursue the low-interest financing. FAMU alumnus and State Rep. Ramon Alexander and State Senator Bill Montford sponsored the legislation, which was signed by former Florida Governor Rick Scott.

Since 1996, “the HBCU Capital Financing Loan Program has originated loans to 45 HBCUs, nine public HBCUs and 36 private HBCUs.”

Lezli Baskerville, J.D., has served on the HBCU Capital Financing Program’s board for more than 10 years and attended the groundbreaking ceremony.

“FAMU has been out front blazing trails for a long time,” said Baskerville. “We see this as the first step to making FAMU the gateway for this region.”

Palmetto North, Truth Hall and Paddyfote residence halls will be decommissioned when the new facility opens. The new residence hall will replace the beds lost through the closure of those facilities and make room for an additional 200 beds. The new facility provides a significant upgrade in the campus living and learning community.

See photos from the groundbreaking below.

This slideshow requires JavaScript.

Facebook Twitter Google+ LinkedIn Pinterest
Previous article Oculus Partnered with FAMU SJGC to Support Virtual Reality Boot Camp
Next article FAMU and Duke Energy Partner to Soak in Florida’s Sunshine Through Solar Energy
Related Posts
FAMU MMERI To Host The First Of A Two-Part Series on Cannabis and Religion

FAMU MMERI To Host The First Of A Two-Part Series on Cannabis and Religion

April 14th, 2021
FAMU’s Kyle Coleman and Josh Hancock Overcome Obstacles To Lead Rattler Baseball Team

FAMU’s Kyle Coleman and Josh Hancock Overcome Obstacles To Lead Rattler Baseball Team

April 14th, 2021
FAMU’s LLC Program Offers Supportive Communities for Students Success

FAMU’s LLC Program Offers Supportive Communities for Students Success

April 14th, 2021
Subscribe to our Newsletter
Enter your email address to subscribe and receive notifications of new posts by the FAMU Office of Communications.


Timeline
Apr 14th 12:23 PM
MMERI

FAMU MMERI To Host The First Of A Two-Part Series on Cannabis and Religion

Apr 14th 12:15 PM
Sports Feature

FAMU’s Kyle Coleman and Josh Hancock Overcome Obstacles To Lead Rattler Baseball Team

Apr 14th 11:55 AM
Students

FAMU’s LLC Program Offers Supportive Communities for Students Success

Apr 13th 4:25 PM
News

FAMU College of Law Graduates Record Improved Bar Passage Rate

Apr 12th 2:33 PM
Alumni

FAMU Mourns the Passing of Alum Elbert Hatchett

Follow Us!
Tweets by @FAMU_1887
RSS FAMU Sports News
  • Florida A&M Tennis Falls to North Florida
  • Florida A&M Can’t Hold Off Late Alabama State Rally, Falls in Extra Innings
  • FAMU Baseball Cruises to Saturday Doubleheader Sweep of Norfolk State
  • Scott Achieves Solo and Relay Success at Hurricane Invitational
  • SCHEDULE UPDATE: Florida A&M’s Weekend Baseball Series Against Norfolk State Adjusts Due to Inclement Weather
A&M Magazine Digital Stories
FAMU Videos

FAMU's Tenth Biennial Education and Science Forum

FAMU Return To Work Virtual Town Hall

Upcoming Events
Apr
16
Fri
4:30 PM Notice of Public Meeting- Bargai... @ Via Zoom
Notice of Public Meeting- Bargai... @ Via Zoom
Apr 16 @ 4:30 PM – 5:30 PM
Notice of Public Meeting- Bargaining FAMU BOT and AFSCME Florida A&M University announces a public meeting: DATE: April 16, 2021 TIME:  3:30 P.M.- 4:30 P.M. PLACE: Via Zoom (Meeting ID: 991 5295 9776) https://famu.zoom.us/j/99152959776 GENERAL SUBJECT MATTER TO BE DISCUSSED: Collective Bargaining between[...]
Apr
19
Mon
all-day 2021-2022 FAMU Living-Learning C... @ Via Zoom
2021-2022 FAMU Living-Learning C... @ Via Zoom
Apr 19 – Apr 26 all-day
2021-2022 FAMU Living-Learning Community Program May 1, 2021 – Deadline The application deadline date for the 2021-2022 FAMU Living-Learning Community (LLC) Program is May 1, 2021.  Applications are currently being accepted in the following major[...]
Apr
23
Fri
all-day SPRING COMMENCEMENT 2021 @ Bragg Stadium
SPRING COMMENCEMENT 2021 @ Bragg Stadium
Apr 23 – Apr 25 all-day
SPRING COMMENCEMENT 2021 @ Bragg Stadium
Florida A&M University Spring Commencement 2021 April 23 – April 25, 2021 Location: Bragg Memorial Stadium Time: See Schedule For more information: CLICK HERE   FAMU Announces Defense Secretary Lloyd Austin III To Headline Lineup of[...]
May
19
Wed
all-day PUBLIC MEETING, HEARING, OR WORK... @ Teleconference
PUBLIC MEETING, HEARING, OR WORK... @ Teleconference
May 19 – May 20 all-day
PUBLIC MEETING, HEARING, OR WORKSHOP NOTICE The Florida A&M University Foundation announces its Spring 2021Board of Directors Meeting, which all persons may attend. DATE: May 19-20, 2021 TIME: To Be Announced PLACE: Teleconference Participant Toll[...]
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML
Calendar
March 2019
S M T W T F S
 12
3456789
10111213141516
17181920212223
24252627282930
31  
« Feb   Apr »
Archives
Subscribe to Our Newsletter!

Enter your email address to subscribe to our news site and receive notifications of new posts by email.

Follow Us!
Got a Story?

We love hearing from our alumni.  Let us know what you’ve been up to since you left the hill! Contact us here today!

© Florida Agricultural and Mechanical University 2019. All rights reserved.
Powered by the FAMU Office of Communications