HBCU Miles College and Birmingham-Southern College have signed a purchase agreement for BSC’s 192-acre campus.

Both Boards of Trustees have unanimously voted to enter into a purchase agreement, following a letter of intent submitted by Miles shortly after BSC ceased normal operations on May 31, 2024.

The purchase will scale the impact of Miles, an HBCU based in Fairfield that generates nearly $70 million in total economic impact for its local and regional economies and creates hundreds of direct and indirect jobs, according to the 2024 HBCU Economic Impact Report from the United Negro College Fund. The annual report highlights the substantial contributions that HBCUs make to students, local communities and the nation. (READ MORE)

(SOURCE: HBCU GAMEDAY)