Project Grant S354A200009

The U.S. Department of Education's Office of Elementary and Secondary Education awarded a $17,300,000 Project Grant under the Credit Enhancement for Charter School Facilities Program (CFDA 84.354) to Building Charters Fund, Inc. The award will support the organization's efforts to develop innovative financing mechanisms that help charter schools in New York acquire, construct, renovate, or lease academic facilities. By leveraging credit enhancement strategies such as loan guarantees, debt...

The California School Finance Authority has been awarded a $20,000,000 Project Grant from the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities (CFDA 84.354) program. This multi-year grant, effective from October 1, 2023 through September 30, 2048, will enable the Authority to provide credit enhancement initiatives to assist California charter schools in acquiring, constructing, renovating, or leasing academic...

The U.S. Department of Education's Office of Elementary and Secondary Education awarded a $15,000,000 Project Grant under the Credit Enhancement for Charter School Facilities program (CFDA 84.354) to Bluehub Loan Fund Inc., a woman-owned nonprofit community development finance organization. The grant will support Bluehub Loan Fund Inc. in providing innovative loan products to charter schools, with a focus on permanent financing for start-up and early-stage schools in financially underserved,...

The California School Finance Authority was awarded a $10 million Project Grant from the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities (CFDA 84.354) federal grant program. The grant will provide credit enhancement initiatives to assist charter schools in California in leveraging private sector capital to acquire, construct, renovate, or lease academic facilities. Specifically, the funding will be used to...

The U.S. Department of Education's Office of Elementary and Secondary Education has awarded a $17,000,000 Project Grant under the Credit Enhancement for Charter School Facilities (CFDA 84.354) program to Opportunity 180, a non-profit organization, to assist charter schools in Nevada with funding to acquire, construct, renovate, or lease academic facilities. This multi-year grant, effective October 1, 2023 through September 30, 2048, will leverage private sector capital through credit enhancement...

The Department of Education Office of Elementary and Secondary Education awarded a $11 million Project Grant to the Charter Schools Development Corporation (CSDC) on August 1, 2022 to complete the project by September 30, 2048. The grant is being provided under the Credit Enhancement for Charter School Facilities federal grant program (CFDA 84.354) to leverage private sector capital for charter school facilities acquisition, construction, renovation, and leasing. CSDC will assist charter schools...

The Department of Education Office of Elementary and Secondary Education awarded Equitable Facilities Fund Inc. a $12 million Project Grant on September 10, 2021 through the Credit Enhancement for Charter School Facilities program (CFDA 84.354). The grant will provide credit enhancement initiatives to assist charter schools in New York, NY in leveraging private sector capital to acquire, construct, renovate, or lease academic facilities. The Credit Enhancement for Charter School Facilities...

The Nonprofit Finance Fund received a $12 million Project Grant award from the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities federal grant program (CFDA 84.354). The grant will provide credit enhancement initiatives from August 1, 2022 through September 30, 2048 to assist charter schools in leveraging private sector capital for acquiring, constructing, renovating, or leasing academic facilities located in...

The Hope Enterprise Corporation's Charter School Facilities Fund received a $12 million Project Grant award from the U.S. Department of Education's Office of Elementary and Secondary Education on August 1, 2022. The grant is being used to provide credit enhancement initiatives that will assist charter schools in Jackson, Mississippi in leveraging private sector capital to acquire, renovate, or lease academic facilities. Specifically, the funding will help Hope Enterprise Corporation provide...

The Department of Education's Office of Elementary and Secondary Education awarded Bluehub Loan Fund Inc. a $12 million Project Grant under the Credit Enhancement for Charter School Facilities federal grant program (CFDA 84.354) on September 10, 2021. The grant will provide innovative loan products focusing on start-up and early-stage charter schools in underserved, low-income, and low-performing school districts located in Boston, Massachusetts through September 30, 2046. Specifically,...