Brandeis gets tax-free $135 million bond for new residence hall
Brandeis University in Waltham was issued a nearly $135 million tax-exempt bond by MassDevelopment to build a new 631-bed residence hall.
The construction of the hall began in June and is expected to be completed in spring 2027.
"This is more than just a building project — it's a statement about our priorities," said Arthur Levine, interim president of Brandeis University. "We are investing in our students and in the future of Brandeis. This residence hall will support community, well-being and the dynamic student experience that defines our university."
Levine took the position after Brandeis University's president Ronald Liebowitz resigned after eight years in the position. He was one of several presidents at the time to resign amid the war in Gaza.
Brandeis University received a nearly $135 million bond to create a new residence hall.Courtesy of William Rawn Associates
Waltham Mayor Jeannette A. McCarthy said the building will be "beneficial to the neighborhoods" in a statement.
The design of the hall was led by William Rawn Associates and Dimeo Construction serving as construction project manager
The bond will also help fund other unspecified capital projects on the campus, according to MassDevelopment.
Brandeis is a private research institution focused on undergraduate liberal arts education. It was founded in 1948 by the American Jewish community.
"Brandeis University has a proud legacy of academic excellence here in Massachusetts," said MassDevelopment President and CEO Navjeet Bal. "MassDevelopment is pleased to deliver tax-exempt financing to help this institution build a new, state-of-the-art residence hall on its campus in Waltham where it can welcome and serve students for years to come."
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