By Tony O. Lawson Edward Waters University has secured a $25 million, 30-year loan to help fund more than $33 million in campus improvements, including its first newly constructed residence hall since 1982. The Jacksonville-based HBCU closed the transaction September 10 through the U.S. Department of Education’s Historically Black College and University Capital Financing Program. Rice Capital Access Program, a subsidiary of Black-owned Rice Financial Products Company, serves as the program’s Designated Bonding Authority, working with participating institutions to arrange financing for campus construction, renovation and other capital needs. For Edward Waters, the financing follows several years of enrollment growth

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