Housing P3

Housing Public-Private Partnership

In May 2026, the University of Massachusetts Amherst announced a collaboration with American Campus Communities (ACC) to develop a comprehensive, long-range, and phased plan to modernize campus housing.

What is a Public-Private Partnership?

A public-private partnership (P3) is a way to deliver major construction projects by matching the needs of a public institution with the expertise and capital funding of a private developer.

  • UMass identifies housing needs and campus priorities (emphasizing, in this case, affordability) with input from the campus community.
  • A private partner helps finance, design, and build the housing.
  • The developer earns revenue over time from the project according to the terms of the partnership, while the campus enjoys the benefits of new and modernized facilities.

The P3 in Brief

At UMass, the public-private partnership (P3) – an alternative procurement model used by universities around the country to modernize campus housing while maintaining affordability - will focus on both the Amherst campus and the Charles River Campus in Newton. The project team envisions building new student housing to allow for the renovation or replacement of existing residence hall facilities in a multi-phase approach without reducing current student housing capacity. 

Frequently Asked Questions