H3 Initiative
Housing is Critical for Success
SHA’s HBCU Healthy Housing (H3) Initiative
A recent study showed that students at HBCUs struggle to maintain safe, affordable housing, and many of them said they were homeless in the last year. Moreover, certain groups of students, including those who are female, LGBTQ or low income, experienced housing and food insecurity at higher rates than their peers.
Student Housing of America’s mission is to help students be successful throughout their college career by providing safe and affordable housing designed for their scholastic needs and creating a positive environment for achievement through our various support programs. We work hand in hand with HBCUs, corporate partners, and other organizations to address students’ needs and provide for their well-being.
We are proud to announce our HBCU Healthy Housing (H3) Initiative.
Through our initiative, we partner with HBCUs to renovate distressed properties near their university to provide state of the art, safe, and affordable housing for their students. Our tax-exempt status allows us to do this in a cost-efficient manner for the benefit of all stakeholders including 3rd party property owners. As part of our initiative, we provide multiple support programs to create not only a stable living environment through need-based grants, zero-interest loans, and affordable rent, but also a pathway to success through informational videos and seminars on various subjects such as mental health, physical wellness, financial management, and security so that students can also succeed. At our properties, SHA provides rent insurance so that student residents are not affected by bad credit stemming from unpaid rent and can have a future with no setbacks.
Additionally, SHA offers its support programs to our partner universities so that students who live on-campus or at other student housing properties can also benefit from our initiative.