State approves $33 million bond issue for new housing
ARKADELPHIA – The Arkansas Higher Education Coordinating
Board Friday approved a $33 million, 30-year bond issue for Henderson State University.
Funds from the bonds will used to purchase and update the Whispering Oaks
apartment complex and construct two new residence halls on campus.
"As a part of our strategic planning process, we have
identified the need to grow enrollment, improve student life, and increase
retention to graduation," said HSU President Glen Jones. "By opening additional
high quality living facilities on the Henderson State campus, we will
positively impact our student experience as we work toward our goal of having
1,700 students living on campus."
Students and their parents expect and need Henderson to
provide the best living spaces possible, Jones added. With the approval of the
bonds, Henderson State will build two new residence halls. One of the buildings
will be a 240-bed, apartment-style complex, while the other will be a 300-bed,
elegant traditional residence hall. There are 288 beds in the Whispering Oaks
complex, bringing the total number of new beds to 828.The new residence halls
will eventually take the place of Smith Hall and Newberry Hall, built in 1965
and 1968 respectively.
"This is a small part of what Henderson is doing to reach
our long-term goal of increasing enrollment to 5,000 students," Jones said, "as
well as providing the best possible experience for students."
Tuesday, July 29 2014 10:35 AM EDT2014-07-29 14:35:49 GMT
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