Campus Green Builder

Funding Plan

The College financed this project as part of a $75 million bond issue. The revenue bond issue was 63 million in lieu of $75 million of which the cost of the suites was 43 million dollars. The remaining funds were for infrastructural improvements and the amphitheater for the Suites, as well as the landscaped area that connects The Suites to campus.

The bond issue was obtained to assist Spelman in financing campus projects that the administration had planned for or was in the process of planning. The funds were not issued specifically for green building projects, however, they were issued to finance the campus wide infrastructural retrofit/new construction projects.