Facilities Financing Opportunities (Credit Enhancement)

Looking for facilities assistance? If you work with a charter school and are looking for facilities assistance, you may be interested in contacting the current grantees under the Credit Enhancement for Charter School Facilities Program to determine if they are able to work with your charter school to secure financing. These grantees do not provide grants, but they work with the charter school to secure financing (loans/bonds) for facilities. Please note that each of these grantees have a focus area, so you should contact those grantees that are interested in working in the State of your charter school or have a national focus. Also, it may be helpful to visit the websites of these entities to get a better sense of the work they do.

We encourage charter schools seeking services to contact multiple organizations to determine which one can offer the best rates and terms for their situation.

Credit Enhancement Grantees

Raza Development Fund

Credit Enhancement Available 
Yes

Contact:

Description:

Raza Development Fund was formed with the intention of creating financing solutions for Latino serving organizations in the areas of affordable housing, education, health care, social services, and small business. RDF was formed with the strong conviction that the stewardship of dollars loaned, and the technical support given to organizations, would have measurable impact on Latino families. We have supported the charter school sector through a range of lending products, including: Acquisition, Bridge, Pre-Development, Construction, Mini-Perm, Term, Working Capital, and NMTC Leverage Loans. We are proud of our pioneer status in charter school lending and will continue to play a role in providing families with choice to failing schools.

No facilities transaction data is available at this time.

States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming

Reinvestment Fund

Credit Enhancement Available 
Yes

Contact:

Description:

Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality schools, grocery stores, affordable housing, and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives. Reinvestment Fund is an experienced lender to charter schools with products designed to meet the needs of schools at every stage of their life cycle—from supporting the opening of new schools to the organic growth of early stage schools to the expansion or stabilization of mature operators. We lend to charter schools across the country, with a focus on our core markets of the mid-Atlantic and Southeast.

No facilities transaction data is available at this time.

States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Texas Public Finance Authority

Credit Enhancement Available 
Yes

Contact:

Description:

The Texas Public Finance Authority Charter School Finance Corporation ("CSFC" or "corporation") is a public non-profit corporation created by the Texas Public Finance Authority (the "Authority") and existing as an instrumentality of the Authority pursuant to Section 53.351 of the Texas Education Code, as amended (the "Act"). Pursuant to the Act, the CSFC is authorized to issue revenue bonds and to lend the proceeds thereof to any authorized charter schools for the purpose of aiding such schools in financing or refinancing "educational facilities" (as such term is defined in the Act) and facilities which are incidental, subordinate, or related thereto or appropriate in connection therewith.

No facilities transaction data is available at this time.

States:

Texas

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