Student Housing and Dining Services Strategic Plan2021

VII. Bed Space Supply and Demand

Student Housing remains committed to providing guaranteed housing for first year students. In addition, our goal is to provide a transfer guarantee in concert with the West Village neighborhood beginning in 2011. In the interim, we will look for opportunities to partner with other third party developments. Current state budget impacts on enrollment targets may result in the offering of a returning resident option as early as next year (09-10). By 2014, with the construction of additional residence hall spaces in the Tercero area and in partnership with West Village, we have established a goal of providing housing for 10% of our returning students.

Appendix E illustrates our current bed space projections for the next ten years, indicating we have sufficient resources to accommodate base demand within the framework of our historical take rates and known enrollment projections. In addition, we have the ability to utilize a tripling strategy desired by students who find the option more affordable. However, as UC experiences enrollment fluctuations, it will be important that campus communications to Student Housing are maintained and are provided as early as possible in the academic year planning cycle. This allows us to respond with a marketing plan that maximizes our ability to attract sufficient students to our residence hall facilities once our guarantees are met. For example, in order for us to provide housing to returning residents, we need to make them aware of availability no later than the beginning of February, because that is when the apartment leasing cycle begins in the City of Davis. Similarly, when recruiting for transfer students during UC Decision days in the spring, it is essential that we have a specific message regarding availability of on campus housing.