George Washington University, The

Washington,

Faculty Housing Best Practices Case Study Analysis

In 2010 B&D was selected by The George Washington University to assess the faculty housing programs of eight peer and competitive institutions to determine where George Washington stood in the marketplace. Housing costs in the Washington DC area were well above the national average at that time and the university faced significant challenges recruiting and retaining staff, so it was seeking ways to ease the housing burden on current and future employees. We studied the peer campuses with similar urban settings and comparable faculty/staff compensation. This analysis revealed a number of common traits among faculty housing programs regarding eligibility, benefits, loan instruments, university-owned rental units, and university-sponsored for-sale units. We also pinpointed characteristics of the ‘housing buyer of the future,’ helping the university understand how to best position its housing to foster greater faculty demand.