Massdevelopment charter school enhancement program

Active Project Grant Awarded Last action

Award ID
S354A210002
Recipient
Awarding agency
Obligated
$8,000,000

Award facts

Assistance listing
84.354 Credit Enhancement for Charter School Facilities
Completion date 20% complete
Place of performance
Boston, MA 02110, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Massachusetts Development Finance Agency (Agency) was awarded an $8 million Project Grant from the U.S. Department of Education's Office of Elementary and Secondary Education on September 10, 2021 to complete the project by September 30, 2046. The funding is part of the Credit Enhancement for Charter School Facilities (CFDA 84.354) federal grant program, which provides grants to leverage private sector capital for charter school facility acquisition, construction, renovation, and leasing. As the awardee, the Agency will use the $8 million to provide credit enhancement initiatives that assist Massachusetts charter schools in accessing private market financing to address their facility needs over the 25-year period of performance.

Quick answers

Who received award S354A210002?

S354A210002 was awarded to Massachusetts Development Finance Agency by Office of Elementary and Secondary Education (Department of Education) on September 10, 2021.

How much is award S354A210002 worth?

$8,000,000 has been obligated on S354A210002.

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