School Raises Budget to Cover Modular Housing Costs

modular dormitory ferrum_college_modular_dorm__mod_u_kraf_creditUpdating a story MHProNews published July 21, 2014, regarding modular housing units for students at Mississippi Valley State University (MVSU), dailyjournal tells MHProNews the school has raised its budget $1.1 million to cover the cost of buying and installing the units.

The school had miscalculated by 50 the number of beds in the modular units, had to pay nearly three times what it had budgeted to connect the utilities, and anticipated losing $187,000 in housing fees, but in fact will be $1.1 million short.

Following a fire that damaged the 170-bed College Hall in 2004—which led to the need for the modular housing to begin with– 100 students were housed at two Greenwood, MS motels. The housing shortage has been further exacerbated by dorm rooms that need renovation before they can be occupied. MVSU is spending $4.75 million to renovate College Hall, but that will not be completed until the fall of 2016. ##

(Photo credit: Mod-U-Kraft –Ferrum College dormitories, VA)

matthew-silver-daily-business-news-mhpronews-com  Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

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