News
October 15, 2025
UCLA’s Master of Real Estate Development Program to receive $2.5 million from Standard Communities’ Jeffrey Jaeger and Scott Alter
The commitment will enable the Luskin School of Public Affairs to endow a new program for students pursuing affordable housing careers.
**UCLA’s Master of Real Estate Development Program Bolstered by $2.5 Million Gift**
Los Angeles, CA – The University of California, Los Angeles (UCLA) Luskin School of Public Affairs is poised to significantly enhance its Master of Real Estate Development (MRED) program thanks to a generous $2.5 million commitment from Jeffrey Jaeger and Scott Alter of Standard Communities. The substantial donation will be instrumental in establishing a new, endowed program specifically designed to support students aspiring to careers in the crucial field of affordable housing.
The gift comes at a pivotal time, as the demand for affordable housing solutions continues to rise across the nation, particularly in densely populated areas like Southern California. The endowed program will provide UCLA’s MRED students with specialized resources, training, and opportunities to address this pressing societal need.
While specific details of the program are still under development, it is anticipated to include elements such as specialized coursework focusing on the intricacies of affordable housing development, guest lectures from industry leaders, research opportunities, and potential scholarships to attract top talent to the field. The initiative aims to equip future real estate professionals with the knowledge and skills necessary to navigate the complex landscape of financing, building, and managing affordable housing projects.
Jeffrey Jaeger and Scott Alter, principals at Standard Communities, a leading real estate investment firm specializing in affordable housing, expressed their commitment to fostering the next generation of leaders in this vital sector. Their investment reflects a deep understanding of the challenges and opportunities within affordable housing development and a desire to contribute to sustainable, equitable communities.
The UCLA Luskin School of Public Affairs is renowned for its commitment to addressing critical social issues through research, education, and community engagement. The addition of this endowed program will further solidify its position as a leading institution in the field of real estate development and urban planning, particularly in the area of affordable housing. The program is expected to attract students passionate about making a tangible difference in the lives of individuals and families struggling to find safe and affordable places to call home. The university anticipates announcing further details about the program’s curriculum and initiatives in the coming months.
Los Angeles, CA – The University of California, Los Angeles (UCLA) Luskin School of Public Affairs is poised to significantly enhance its Master of Real Estate Development (MRED) program thanks to a generous $2.5 million commitment from Jeffrey Jaeger and Scott Alter of Standard Communities. The substantial donation will be instrumental in establishing a new, endowed program specifically designed to support students aspiring to careers in the crucial field of affordable housing.
The gift comes at a pivotal time, as the demand for affordable housing solutions continues to rise across the nation, particularly in densely populated areas like Southern California. The endowed program will provide UCLA’s MRED students with specialized resources, training, and opportunities to address this pressing societal need.
While specific details of the program are still under development, it is anticipated to include elements such as specialized coursework focusing on the intricacies of affordable housing development, guest lectures from industry leaders, research opportunities, and potential scholarships to attract top talent to the field. The initiative aims to equip future real estate professionals with the knowledge and skills necessary to navigate the complex landscape of financing, building, and managing affordable housing projects.
Jeffrey Jaeger and Scott Alter, principals at Standard Communities, a leading real estate investment firm specializing in affordable housing, expressed their commitment to fostering the next generation of leaders in this vital sector. Their investment reflects a deep understanding of the challenges and opportunities within affordable housing development and a desire to contribute to sustainable, equitable communities.
The UCLA Luskin School of Public Affairs is renowned for its commitment to addressing critical social issues through research, education, and community engagement. The addition of this endowed program will further solidify its position as a leading institution in the field of real estate development and urban planning, particularly in the area of affordable housing. The program is expected to attract students passionate about making a tangible difference in the lives of individuals and families struggling to find safe and affordable places to call home. The university anticipates announcing further details about the program’s curriculum and initiatives in the coming months.
Category:
World