This arrangement enables a family of limited means to purchase both a home and a modestly priced rental apartment unit.

Each apartment unit will feature four individual bedrooms, two bathrooms and an open floor plan including a kitchen, dining area and living area.

It offers furnished, air-conditioned efficiency apartment units primarily to first-year graduate students.

There are also a limited number of one-bedroom apartment units which accommodate two students per unit.

Another 1,300 apartment units had been built or were on the drawing boards.