The U.S. Department of Energy awarded a $15,000,000 Cooperative Agreement to Charter Schools Development Corp (CSDC) under the Conservation Research and Development program (CFDA 81.086). The funding will be used to conduct ASHRAE Level 2 energy audits of all schools/school facilities within CSDC's portfolio and develop a comprehensive strategic plan for implementing energy improvements. By the end of the first budget period on March 31, 2026, the energy audits and strategic plan will provide a clear pathway to prioritize energy upgrades, access private sector funding (if needed) and/or tax credits, and realize high-impact health and safety benefits. As a nonprofit Community Development Financial Institution, CSDC leverages federal grants to support charter schools in obtaining private financing for facility projects.
Generated 1/28/25, 9:01 AM