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Summer 2004 CalBusiness  
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Berkeley Wins Low-Income Housing Challenge

The UC Berkeley team has won the Bank of America Low-Income Housing Challenge for its proposal of a mixed residential ownership and rental development at an urban infill site in Richmond . They competed against four west coast graduate schools.

The members of the Berkeley Housing Team were Eric Cress, MBA 04; Andrea Ursillo, MBA 04; Alex Waterbury, MBA 05; Marcus Deiderich, Department of Planning 04; Melissa Ohsfeldt, Planning 04; and Dara Douraghi, Architecture 05. Real Estate Development Professor Robert Edelstein served as the faculty advisor.

Said Andrea Ursillo, MBA 04, “Our proposal provides affordability for both owners and renters, revitalizes an underutilized infill site, and uses off-site manufactured construction and green building practices.”

Another UC Berkeley team took part in the annual National Association of Industrial and Office Properties (NAIOP) Challenge against Stanford University . Stanford won this year, but Berkeley is still up by three. In fifteen years of competitions between Stanford and Berkeley, the record now stands at nine victories for Berkeley, six for Stanford. The members of this year's Berkeley team were Catherine Bedford, MBA 05; Jeanine Kranitz, MBA 04; Bruce Ou, M.Arch. 05; Eric Poretsky, MBA 05; and John Renner Jr., MCP 05.

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