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 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 grant, which runs from October 1, 2024 to September 30, 2049, will support the organization's efforts to develop innovative financing mechanisms that help charter schools in New York City acquire, construct, renovate, or lease academic facilities. By leveraging...
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 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 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 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...
The 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 Credit Enhancement for Charter School Facilities program (CFDA 84.354). The grant will be used by Equitable Facilities Fund Inc. to provide credit enhancement services, such as loan guarantees, debt reserves, and bond insurance, to help charter schools across the United States access private-sector capital for...
This federal Project Grant award of $10,550,000.00 from the U.S. Department of Education's Office of Elementary and Secondary Education was made 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 financing mechanisms that help charter schools in Alabama acquire, construct, renovate, or lease academic facilities. By leveraging credit enhancement strategies such as...
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...