The U.S. Department of Education's Office of Elementary and Secondary Education awarded a $20,000,000 Project Grant to Equitable Facilities Fund Inc., a nonprofit organization, under the federal Credit Enhancement for Charter School Facilities program (CFDA 84.354). The grant, effective October 1, 2024 through September 30, 2049, will enable Equitable Facilities Fund to provide credit enhancement services that help charter schools access private capital for facility development, renovation,...
The federal Project Grant award of $17,300,000.00 was provided by the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities program (CFDA 84.354). The grant was awarded to Building Charters Fund, Inc. on October 1, 2024, with a performance period ending on September 30, 2049. The funding is intended to assist charter schools in accessing private-sector capital for facility-related needs, such as acquiring,...
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 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 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 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'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,...
The Department of Education Office of Elementary and Secondary Education awarded a $3.5 million Project Grant to Bluum Inc. under the Credit Enhancement for Charter School Facilities federal grant program (CFDA 84.354). The grant will provide funding through September 30, 2048 to leverage private sector capital for charter school facilities projects in Idaho. Specifically, the grant will assist charter schools in acquiring, constructing, renovating, or leasing academic facilities by providing...
This federal Project Grant award of $10,550,000.00 was made by the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities Program (CFDA 84.354). The grant will be used by the non-profit organization New Schools For Alabama to develop innovative credit enhancement strategies, such as loan guarantees, debt reserves, and bond insurance, that help charter schools in Alabama acquire, construct, renovate, or lease academic...
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...