Build with Purpose
Quick Facts
Entity Synopsis
732-635-1000
Founded in 2003, Build with Purpose is an innovative non-profit real estate company with a focus on community and economic development. Using real estate as a catalyst for social change, Build with Purpose revitalizes communities through the redevelopment of vacant or underutilized buildings and land. Our projects include transforming warehouses into schools, renovating convents into affordable housing and turning abandoned urban lots into vibrant community space. By stabilizing vital community assets, our projects transform neighborhoods and provide long-term financial stability to our clients. Build with Purpose (BWP) offers charter schools (start-up and mature) access to the following: acquisition loans for school facilities; construction and permanent financing for facility projects; access to predevelopment lending for projects; leasehold improvement loans; and lease guarantees.
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Entity Snapshot
Locations Served by CE Lender
ACADEMY CHARTER HIGH SCHOOL
ACADEMY CHARTER HS
ARTS ACADEMY CHARTER HIGH SCHOOL
BAXTER ACADEMY
BRIDGE BOSTON
BROWNSVILLE ASCEND
BUSHWICK ASCEND CHARTER SCHOOL
CANARSIE ASCEND
CANARSIE ASCEND MIDDLE SCHOOL
CENTRAL BROOKLY ASCEND MIDDLE SCHOOL
CENTRAL BROOKLYN ASCEND
CYPRESS HILL ASCEND LOWER SCHOOL
HOPE ACADEMY CHARTER SCHOOL
KIPP ACADEMY BOSTON CHARTER SCHOOL
KIPP TECH VALLEY CHARTER SCHOOL
MATCH CHARTER PUBLIC SCHOOL
Schools Served
| School Name | Award Year | Federal Fiscal Year School Served | Amount of Financing Leveraged | Grant Funds Committed |
|---|---|---|---|---|
| ACADEMY CHARTER HIGH SCHOOL | 2012 | 2015 |
$2,900,000.00 | $75,000.00 |
| ACADEMY CHARTER HS | 2012 | 2016 |
$2,950,000.00 | $812,000.00 |
| ARTS ACADEMY CHARTER HIGH SCHOOL | 2012 | 2015 |
$1,700,000.00 | $200,000.00 |
| BAXTER ACADEMY | 2012 | 2017 |
$4,100,832.00 | $522,000.00 |
| BRIDGE BOSTON | 2012 | 2016 |
$17,000,000.00 | $1,500,000.00 |
| BROWNSVILLE ASCEND | 2012 | 2017 |
$616,805.00 | $200,000.00 |
| BUSHWICK ASCEND CHARTER SCHOOL | 2012 | 2015 |
$2,850,000.00 | $427,500.00 |
| CANARSIE ASCEND | 2012 | 2016 |
$1,943,251.67 | $285,000.00 |
| CANARSIE ASCEND MIDDLE SCHOOL | 2012 | 2018 |
$4,026,317.00 | $315,663.25 |
| CENTRAL BROOKLY ASCEND MIDDLE SCHOOL | 2012 | 2018 |
$4,168,285.00 | $326,793.54 |
| CENTRAL BROOKLYN ASCEND | 2012 | 2015 |
$2,200,000.00 | $300,000.00 |
| CYPRESS HILL ASCEND LOWER SCHOOL | 2012 | 2018 |
$4,305,398.00 | $337,543.20 |
| HOPE ACADEMY CHARTER SCHOOL | 2012 | 2015 |
$3,835,000.00 | $1,040,000.00 |
| KIPP ACADEMY BOSTON CHARTER SCHOOL | 2012 | 2015 |
$21,000,000.00 | $800,000.00 |
| KIPP TECH VALLEY CHARTER SCHOOL | 2012 | 2016 |
$15,800,000.00 | $2,130,479.00 |