Bowles Hall Foundation Secures Tax-Exempt Debt Through the CMFA
For more than five decades, Bowles Hall provided life-changing experiences to its residents, many of whom leveraged the academic achievements, leadership skills and deep friendships gained there into successful lives, careers and contributions to society. Those opportunities are currently not available to students at UC Berkeley today. That’s why the Bowles Hall Foundation is working to re-establish the Bowles Hall Residential College experience—Education Through Fellowship—and to renovate the Hall to once again offer those opportunities and benefits to current and future generations of UC Berkeley students.
The bond proceeds will be used to finance the renovation, equipping and furnishing of a student housing facility containing approximately 192 beds for the benefit of students located on the Berkeley campus of the University of California.
Following completion of the scheduled renovations, the Project Facilities will include 189 suite-style beds for student housing, 3 single bed units for Graduate Residents and an additional 2 faculty units. Each unit will be fully furnished and each suite will be attached to a full bath. Rent will include all utilities as well as cable and high-speed internet. Community amenities will include student lounges and study areas, laundry rooms, printer rooms, a residential college library, project-based academic counseling and guidance and a community dining facility.