Building hope catalytic capital program
Active Project Grant Awarded Last action
- Award ID
- S354A260010
- Recipient
-
Building Hope Finance UEI FJHWGN95WDA7
- Awarding agency
-
Office of Elementary and Secondary Education
Department of Education
- Obligated
- $20,000,000
Award facts
- Assistance listing
- 84.354 Credit Enhancement for Charter School Facilities
- Completion date 0% complete
- Place of performance
- Washington, DC 20006, USA
Award details come from USAspending.gov.
About this award
The Department of Education Office of Elementary and Secondary Education awarded Building Hope Finance $20 million on October 1, 2026, under the Credit Enhancement for Charter School Facilities program (CFDA 84.354). The award is a Project Grant with a period of performance extending through September 30, 2051, and place of performance in Washington, DC.
Building Hope Finance will deposit the grant funds into a reserve account to guarantee and insure debt and leases financing charter school facilities acquisition, construction, and renovation. These credit enhancements reduce lender risk, thereby improving charter schools' access to loan and bond financing or lowering their borrowing costs and interest rates. The program targets eligible public and private nonprofit entities such as finance authorities and community development financial institutions that assist charter schools in securing facilities financing.
Quick answers
Who received award S354A260010?
S354A260010 was awarded to Building Hope Finance by Office of Elementary and Secondary Education (Department of Education) on October 1, 2026.
How much is award S354A260010 worth?
$20,000,000 has been obligated on S354A260010.
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