Beth Medrash Govoha will reportedly be purchasing a property that belongs to the nearby Georgian Court University in Lakewood, NJ.

The goal of the purchase is to build low-cost housing for yungeleit.

The purchase of 44 acres of land by the country’s largest yeshiva will still leave the college with the majority of its 150+ acre campus.

The plan is to build about a dozen buildings and about 500 apartments on the site.

Georgian Court University is set on a magnificent 156-acre estate formerly belonging to financier George Jay Gould. After a long history as a women’s college with coeducational graduate programs and undergraduate evening programs, Georgian Court became fully coeducational in 2013.