University of Colorado Boulder Chancellor Justin Schwartz is moving out of the $3.75 million home in Boulder that the CU Foundation purchased for him and his family two years ago.
The foundation purchased a Boulder home for Schwartz when he became chancellor, rather than having him and his family move into the existing residence at 3600 Caddo Parkway, where former Chancellor Phil DiStefano lived. Schwartz’s home, in the 500 block of 14th Street in Boulder, was purchased in August of 2024. The home is located adjacent to the University Hill neighborhood and less than a mile from campus.
While it’s standard practice for CU Boulder to provide a home for the chancellor, Schwartz has decided to move out and purchase a house of his own in Boulder instead. CU Boulder spokesperson Nicole Cousins responded to the Daily Camera’s request to ask Schwartz about the decision. Cousins said Schwartz’s decision to move out was made for personal reasons, and she didn’t offer any further explanation…