Charter Schools Development Corporation

Quick Facts

Entity Synopsis

ADDRESS:
7880 MILESTONE PARKWAY, SUITE 425 HANOVER, MD 21076
PHONE:

(443) 561 - 1280

EMAIL:
info@csdc.org

CSDC, a 501(c)(3) nonprofit and CDFI, supports quality public school choice for underserved students by developing and financing affordable charter school facilities nationally. CSDC has a special focus on new/early-stage schools, rural schools, schools serving predominately low income students, and schools in communities with poor performing traditional schools. CSDC has received seven federal credit enhancement grants totaling $58.6M and uses these funds in multiple ways to 1) provide lease or loan guarantees, 2) leverage loan pools for tenant improvement, acquisition, construction and renovation mini-perm loans nationally and 3) to support its turnkey facility development program (lease with option-to-purchase). Often times, the same school will be served by multiple grants as it progresses through its facility lifecycle.

Entity Snapshot

2002
Total CSP Funds: $10,000,000.00
Total Directly Enhanced: $145,661,875
Total Financing Leveraged: $257,606,809
Number of Schools Served: 99
Number of New Schools Served: 88
2004
Total CSP Funds: $5,000,000.00
Total Directly Enhanced: $1,000,618,019
Total Financing Leveraged: $129,877,418
Number of Schools Served: 38
Number of New Schools Served: 29
2005
Total CSP Funds: $1,713,426.99
Total Directly Enhanced: $42,050,734
Total Financing Leveraged: $167,378,428
Number of Schools Served: 46
Number of New Schools Served: 35
2006
Total CSP Funds: $6,600,000.00
Total Directly Enhanced: $214,455,272
Total Financing Leveraged: $22,849,635
Number of Schools Served: 6
Number of New Schools Served: 5
2015
Total CSP Funds: $5,000,000.00
Total Directly Enhanced: $14,257,736
Total Financing Leveraged: $73,922,834
Number of Schools Served: 16
Number of New Schools Served: 15
2017
Total CSP Funds: $5,000,000.00
Total Directly Enhanced: $2,000,000
Total Financing Leveraged: $1,000,000
Number of Schools Served: 1
Number of New Schools Served: 1
2018
Total CSP Funds: $12,000,000.00
Total Directly Enhanced: $13,516,314
Total Financing Leveraged: $0
Number of Schools Served: 5
Number of New Schools Served: 5
2019
Total CSP Funds: $4,521,385.00
Total Directly Enhanced: $1,000,000
Total Financing Leveraged: $0
Number of Schools Served: 1
Number of New Schools Served: 1

Locations Served by CE Lenders

Schools Served

School Name Award Year Federal Fiscal Year School Served Amount of Financing Leveraged Grant Funds Committed
A.C.E. ACADEMY CHARTER SCHOOL 2002

2017

$8,041,000.00 $450,000.00
AAEC, PARADISE VALLEY CAMPUS 2002

2003

ACADEMIE DA VINCI CHARTER SCHOOL 2002

2019

$450,000.00 $625,000.00
ACADEMIE LAFAYETTE 2002

2003

$1,178,430.00 $500,000.00
ACADEMY OF MATHEMATICS AND SCIENCE SOUTH 2002

2013

$4,184,800.00 $430,250.00
ACE LEADERSHIP HIGH SCHOOL 2002

2014

$2,500,000.00 $66,650.00
ADAMS TRADITIONAL ACADEMY 2005

2011

$4,400,000.00 $582,741.00
ADAMS TRADITIONAL ACADEMY 2005

2012

$3,987,886.00 $465,000.00
ADAMS TRADITIONAL ACADEMY 2005

2010

$1,721,000.00 $683,591.00
ANSER CHARTER SCHOOL 2005

2009

$2,042,305.00 $440,000.00
ARGOSY COLLEGIATE CHARTER SCHOOL 2005

2019

$4,200,000.00 $750,000.00
ARIZONA AUTISM CHARTER SCHOOL DIRECT LOAN 2002

2016

$2,925,000.00 $525,000.00
ART AND SCIENCE ADACEMY 2004

2015

$9,450,813.00 $452,350.00
ART AND SCIENCE ADACEMY MIDDLE SCHOOL 2004

2017

$2,100,000.00 $145,777.00
ATLAS PREPARATORY ACADEMY 2005

2013

$2,265,449.00 $1,124,987.00
ATLAS PREPARATORY SCHOOL 2005

2009

$3,580,121.00 $36,128.00
ATLAS PREPARATORY SCHOOL 2002

2011

$4,499,950.00 $50,000.00
ATLAS PREPARATORY SCHOOL 2002

2011

$484,354.00 $518,350.00
ATLAS PREPARATORY SCHOOL 2002

2012

$325,020.00 $250,000.00
AUGSBURG ACADEMY FOR HEALTH CAREERS 2004

2005

$1,555,000.00 $570,000.00
AURORA EXPEDITIONARY LEARNING ACADEMY AXL 2002

2010

$3,000,000.00 $290,000.00
AURORA EXPEDITIONARY LEARNING ACADEMY AXL 2002

2011

$970,000.00 $283,350.00
AURORA PUBLIC CHARTER SCHOOL 2002

2004

$3,085,292.00 $280,000.00
AURORA PUBLIC CHARTER SCHOOL 2002

2007

$850,000.00 $317,500.00
BATON ROUGE UNIV PREP UP ACADEMY 2015

2017

$1,004,000.00 $415,000.00
BELLA ACADEMY 2004

2007

$2,367,187.00 $800,000.00
BELLA ACADEMY OF EXCELLENCE - REFINANCE 2018

2020

$2,697,314.00 $1,348,657.00
BENTON COUNTY SCHOOL OF THE ARTS 2002

2005

$830,000.00 $565,000.00
BERKSHIRE ARTS AND TECHNOLOGY CHARTER PUBLIC SCHOOL 2002

2006

$6,000,000.00 $200,000.00
BRIGHTEN ACADEMY 2002

2006

$2,032,000.00 $200,000.00
CAPROCK ACADEMY 2005

2009

$2,060,000.00 $350,000.00
CARBON VALLEY ACADEMY 2002

2005

$2,005,000.00 $250,000.00
CARPE DIEM COLLEGIATE HIGH SCHOOL 2004

2012

$685,000.00 $233,350.00
CASA ESPERANZA MONTESSORI CHARTER SCHOOL 2002

2003

$2,196,678.00
CHARTER FOR ACCELERATED LEARNING 2010

2013

$2,769,262.00 $500,000.00
CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE 2002

2006

$624,900.00 $107,000.00
CHARTER SCHOOL OF THE DUNES 2002

2003

$5,400,000.00 $300,000.00
CITIZEN'S OF THE WORLD-CINCINATTI 2005

2020

$900,000.00 $600,000.00
CITY HIGH SCHOOL TUCSON SMALL SCHOOL PROJECT 2002

2004

$1,242,069.00 $250,000.00
CITY ON A HILL CHARTER PUBLIC SCHOOL NEW BEDFORD 2005

2015

$1,150,000.00 $210,887.00
CLEVELAND LIGHTHOUSE COMMUNITY SCHOOL - EAST 2004

2007

$1,914,249.00 $266,000.00
COLORADO SPRINGS EARLY COLLEGE 2004

2014

$1,313,000.00 $422,612.00
COMMUNITY CHARTER SCHOOL 2004

2006

$2,340,562.00 $250,000.00
COMMUNITY MONTESSORI 2002

2005

$6,750,000.00 $500,000.00
COMMUNITY MONTESSORI 2002

2007

$930,000.00 $200,000.00
COMMUNITY SCHOOL OF EXCELLENCE 2005

2007

$4,500,000.00
COPERNI 2 2015

2018

$4,900,000.00 $469,740.00
COPERNI 3 2004

2019

$1,330,860.00 $175,000.00
COREBRIDGE EDUCATIONAL ACADEMY 2002

2003

$5,502,200.00 $335,000.00
CREATE ACADEMY 2005

2015

$5,425,000.00 $310,000.00
CREATE ACADEMY 2005

2018

$2,597,462.00 $166,650.00
CRESCENT ACADEMY 2015

2018

$1,720,000.00 $150,000.00
CULTURE AND LANGUAGE ACADEMY OF SUCCESS 2002

2006

$250,000.00 $400,000.00
CYPRESS JUNCTION MONTESSORI 2002

2016

$1,007,000.00
DELTA STEAM ACADEMY 2005

2020

$2,699,471.00 $299,471.00
DESERT STAR COMMUNITY SCHOOL 2002

2013

$5,950,000.00 $100,000.00
DESERT STAR COMMUNITY SCHOOL 2005

2008

$700,000.00 $238,000.00
DISCOVERY CHARTER SCHOOL 2005

2011

$400,000.00 $333,350.00
EARLY COLLEGE HIGH SCHOOL AT ARVADA 2005

2008

$912,750.00 $166,650.00
EAST COOPER MONTESSORI 2002

2007

$500,000.00 $173,350.00
EAST POINT ACADEMY 2015

2017

$5,712,409.00 $1,500,000.00
ENCORE ACADEMY 2004

2015

$2,800,000.00 $400,000.00
ETHOS CLASSICAL CHARTER SCHOOL 2004

2019

$18,902,000.00 $396,206.00
EVERGREEN COMMUNITY CHARTER SCHOOL 2002

2003

$7,352,500.00 $320,000.00
EXCALIBUR CHARTER SCHOOLS AVALON ACADEMY CAMPUS 2002

2003

$2,611,206.00 $400,000.00
FIRST STATE MONTESSORI 2005

2015

$1,175,000.00 $233,350.00
FUTURO ACADEMY 2004

2017

$4,100,000.00 $366,650.00
FUTURO ACADEMY 2015

2017

$5,850,000.00 $287,500.00
FUTURO ACADEMY 2015

2019

$5,610,000.00 $500,000.00
GALLOWAY COMMUNITY CHARTER SCHOOL 2004

2006

$575,000.00 $300,000.00
GARY LIGHTHOUSE CHARTER SCHOOL 2002

2005

$1,000,000.00 $335,000.00
GLOBAL VILLAGE ACADEMY NORTHGLENN 2002

2011

$3,956,500.00 $525,000.00
GREAT RIVER SCHOOL 2004

2005

$1,499,800.00 $-
GREAT RIVER SCHOOL 2004

2009

$4,090,000.00 $266,245.00
GREATER HEIGHTS ACADEMY 2004

2013

$1,455,000.00 $240,064.00
GREATER HEIGHTS ACADEMY 2004

2015

$858,245.00 $526,070.00
HEALTH SCIENCES ACADEMY 2002

2014

$1,090,064.00 $25,000.00
HENDERSON COLLEGIATE 2015

2017

$2,016,070.00 $1,000,000.00
HERRON HIGH SCHOOL 2005

2007

$1,547,000.00 $113,350.00
HIAWATHA ACADEMIES 2002

2012

$8,900,000.00
HIAWATHA COLLEGIATE HIGH SCHOOL 2002

2017

$3,505,000.00 $333,350.00
HIAWATHA LEADERSHIP ACAD MORRIS PK 2005

2009

$1,520,956.00 $608,172.00
HIAWATHA LEADERSHIP ACAD MORRIS PK 2005

2013

$4,804,841.00 $436,072.00
HIGH DESERT MONTESSORI CHARTER SCHOOL 2015

2020

$750,000.00 $325,000.00
HIGHLINE ACADEMY 2002

2005

$3,680,672.00 $350,000.00
HORIZON SCIENCE ACADEMY 2004

2008

$10,159,000.00 $488,437.00
HORIZON SCIENCE ACADEMY 2004

2009

$2,616,825.00 $40,223.00
IMAGINE ANDREWS PUBLIC CHARTER SCHOOL 2004

2012

$3,012,637.00 $200,000.00
IMAGINE CHARTER ELEMENTARY SCHOOL AT WEST GILBERT 2002

2003

$40,223.00 $420,000.00
IMAGINE CHARTER MIDDLE SCHOOL AT WEST GILBERT 2002

2003

$6,270,000.00 $420,000.00
IMAGINE CHARTER SCHOOL AT BELL CANYON 2002

2003

$5,800,000.00 $394,000.00
INDIANAPOLIS LIGHTHOUSE CHARTER SCHOOL 2004

2005

$5,800,000.00 $500,000.00
INDIANAPOLIS LIGHTHOUSE CHARTER SCHOOL 2010

2007

$5,435,000.00 $256,079.39
INTERNATIONAL SPANISH LANGUAGE ACADEMY 2005

2011

$2,400,000.00 $448,300.00
INTREPID COLLEGE PREP 2005

2017

$3,672,000.00 $386,339.00
INVENT LEARNING HUB 2010

2019

$4,414,882.00 $450,000.00
IRVINGTON COMMUNITY SCHOOL 2002

2009

$4,931,697.00 $395,000.00
JAMES IRWIN CHARTER ACADEMY 2002

2013

$1,500,000.00 $166,650.00
JEFFERSON RISE CHARTER SCHOOL 2018

2020

$7,739,196.00 $425,000.00
JUNIPER RIDGE CHARTER SCHOOL 2002

2013

$8,753,266.00 $250,000.00
JUNIPER RIDGE COMMUNITY SCHOOL 2015

2018

$2,000,000.00 $138,500.00
JUSTICE HIGH SCHOOL DIRECT LOAN 2002

2016

$542,000.00 $302,500.00
KAMALANI ACADEMY 2015

2018

$1,197,527.00 $1,000,000.00
KIPP SUNSHINE PEAK 2002

2005

$1,210,000.00 $200,000.00
KIPP TECH VALLEY CHARTER SCHOOL 2002

2006

$2,266,036.00 $299,999.00
LA JICARITA COMMUNITY SCHOOL 2002

2013

$800,000.00 $37,500.00
LARAMIE MONTESSORI SCHOOL 2002

2011

$6,917,292.00 $220,000.00
LAS PUERTAS COMMUNITY SCHOOL 2002

2014

$450,000.00 $36,250.00
LINCOLN ACADEMY CHARTER SCHOOL 2002

2017

$607,600.00 $337,500.00
LITERACY LEADERSHIP TECHNOLOGY ACADEMY 2002

2005

$341,098.00 $206,800.00
MAUREEN JOY PUBLIC CHARTER SCHOOL 2002

2004

$1,350,000.00 $206,700.00
MAUREEN JOY PUBLIC CHARTER SCHOOL 2002

2010

$1,168,000.00 $154,400.00
MCCURDY CHARTER SCHOOL 2005

2016

$2,271,000.00 $546,234.00
MENTORSHIP ACADEMY OF DIGITAL ARTS 2004

2011

$2,100,000.00 $792,000.00
MENTORSHIP ACADEMY OF DIGITAL ARTS DBA MENTORSHIP STEAM ACADEMY 2002

2016

$8,791,234.00 $300,000.00
MENTORSHIP ACADEMY OF SCIENCE AND TECHNOLOGY 2004

2011

$8,679,000.00 $792,000.00
MERIDIAN WORLD SCHOOL 2002

2011

$900,000.00
METROLINA REGIONAL SCHOLARS ACADEMY 2002

2010

$8,679,000.00 $400,000.00
MIAMI ARTS CHARTER SCHOOL 2002

2009

$3,740,000.00
MICHIGAN MATHEMATICS AND SCIENCE ACADEMY 2015

2017

$4,550,000.00 $162,500.00
MOHAVE ACCELERATED LEARNING CENTER 2002

2013

$20,750,000.00 $75,000.00
MONTESSORI DEL MUNDO DIRECT LOAN 2002

2016

$4,225,000.00 $75,000.00
MONUMENT LIGHTHOUSE CHARTER SCHOOL 2005

2007

$1,917,500.00 $534,000.00
MONUMENT VIEW MONTESSORI CHARTER SCHOOL 2002

2017

$833,900.00 $8,625.00
MONUMENT VIEW MONTESSORI LOAN 2002

2019

$3,600,000.00 $25,000.00
MORENO VALLEY HIGH SCHOOL 2002

2004

$87,300.00 $100,000.00
MOUNTAIN SCHOOL 2002

2006

$400,000.00 $150,000.00
MULTISENSORY LEARNING ACADEMY 2005

2011

$1,040,000.00 $333,350.00
MULTISENSORY LEARNING ACADEMY 2005

2008

$2,163,318.00 $333,350.00
MURRY HILL HIGH SCHOOL 2002

2011

$2,215,000.00 $600,000.00
NEW AMERICA SCHOOL ALBUQUERQUE 2005

2012

$2,357,360.00 $270,665.00
NEW AMERICA SCHOOLS 2015

2018

$1,252,955.00 $225,000.00
NEW LEGACY CHARTER HIGH SCHOOL 2002

2015

$2,637,250.00 $280,500.00
NEW VISION 2002

2006

$2,160,000.00 $335,000.00
NEW WORLD EDUCATION CENTER 2002

2011

$1,636,211.00 $380,000.00
NEW YORK CHARTER HS ARCHITECTURE AND ENGINEERING 2005

2009

$6,550,000.00
NEWMAN INTERNATIONAL AT CEDAR HILL 2002

2017

$1,780,000.00 $87,500.00
NEWMAN INTERNATIONAL AT CEDAR HILL 2002

2018

$2,085,285.00 $64,375.00
NEWPOINT BAY HIGH SCHOOL 2002

2009

$350,000.00 $173,000.00
NEWPOINT HIGH OF TAMPA 2002

2009

$257,500.00
NORTH EAST CAROLINA PREPARATORY SCHOOL 2015

2019

$829,655.00 $500,000.00
NORTHEAST COLLEGE PREP 2005

2016

$945,000.00 $453,121.00
NORTHLAND PREPARATORY ACADEMY 2002

2003

$23,000,000.00 $100,000.00
NORTHLAND PREPATORY ACADEMY 2002

2011

$6,412,484.00 $350,000.00
NORTHPOINT EXPEDITIONARY ACADEMY 2002

2020

$1,620,000.00 $405,000.00
NORTHWEST ARKANSAS ACADEMY OF FINE ARTS 2002

2008

$1,465,000.00 $473,350.00
NORTHWEST ARKANSAS ACADEMY OF FINE ARTS 2002

2009

$6,500,000.00 $160,000.00
OAKLAND INTERNATIONAL ACADEMY 2002

2008

$4,100,000.00 $181,000.00
OPTIONS 2002

2004

$160,000.00 $200,000.00
PARAMOUNT SCHOOL OF EXCELLENCE 2010

2011

$1,250,000.00 $1,300,000.00
PARAMOUNT SCHOOL OF EXCELLENCE 2010

2013

$6,250,000.00 $500,000.00
PATHWAY ACADEMIC MIDDLE 2004

2009

$5,100,000.00
PATHWAY ACADEMY ELEMENTARY 2004

2009

$4,450,000.00
PHALEN LEADERSHIP ACADEMY 2005

2013

$- $283,096.00
PHALEN LEADERSHIP ACADEMY MIDDLE SCHOOL 2015

2017

$2,123,655.00 $450,000.00
PHOENIX INTERNATIONAL ACADEMY 2002

2019

$5,024,644.00
PHOENIX MODERN 2015

2019

$2,900,000.00 $410,000.00
PIEDMONT COMMUNITY CHARTER SCHOOL 2004

2010

$1,909,496.00 $250,000.00
PILOTED 2010

2018

$2,515,571.00 $651,635.00
PIONEER CHARTER SCHOOL OF SCIENCE II 2004

2014

$4,575,000.00 $183,350.00
PIONEER CHARTER SCHOOL OF SCIENCE II 2004

2015

$2,727,635.00 $333,333.00
PIONEER CHARTER SCHOOL OF SCIENCE II 2004

2017

$5,934,140.00 $900,000.00
PLYMOUTH EDUCATIONAL CENTER 2002

2009

$500,000.00 $404,000.00
POTOMAC CHARTER SCHOOL 2004

2006

$1,300,000.00 $150,000.00
POTOMAC LIGHTHOUSE ACADEMY 2005

2009

$1,923,165.00 $56,350.00
POTOMAC LIGHTHOUSE ACADEMY 2005

2008

$902,460.00 $1,685,000.00
PROMESA ACADEMY, INC. 2018

2020

$8,412,000.00 $1,243,500.00
PROPEL CS EAST 2002

2006

$56,350.00 $528,178.00
PROPEL CS MCKEESPORT 2002

2007

$11,450,000.00 $136,822.00
PURPOSE PREP 2002

2013

$4,300,000.00 $110,000.00
PURPOSE PREP 2005

2015

$4,400,000.00 $243,350.00
QUEST ACADEMY 2005

2008

$220,000.00
QUEST ACADEMY 2004

2015

$1,805,000.00 $391,667.00
RICARDO FLORES MAGON ACADEMY 2005

2007

$1,290,000.00 $173,350.00
SALIDA DEL SOL ACADEMY 2002

2014

$2,050,000.00 $300,000.00
SAN ANTONIO PREPARATORY 2018

2020

$7,237,819.00 $1,130,000.00
SANTA FE SOUTH SCHOOLS 2002

2019

$2,342,842.00 $1,000,000.00
SASHA BRUCE PUBLIC CHARTER SCHOOL 2002

2003

$10,889,000.00 $550,000.00
SEED SCHOOL OF MIAMI 2002

2019

$2,000,000.00 $500,000.00
SELF DEVELOPMENT ACADEMY PHOENIX 2004

2015

$1,150,000.00 $335,000.00
SELF-DEVELOPMENT ACADEMY GILBERT 2017

2019

$9,066,372.00 FIXED
SELF-DEVELOPMENT ACADEMY SCOTTSDALE 2005

2014

$4,077,316.00 $161,135.00
SIMS FAYOLA INTERNATIONAL ACADEMY 2002

2012

$1,000,000.00 $108,350.00
STONEGATE EARLY COLLEGE HIGH SCHOOL 2002

2009

$4,970,000.00
STONEGATE EARLY COLLEGE HIGH SCHOOL 2002

2009

$1,074,545.00 $720,000.00
SUNSHINE HIGH SCHOOL GREATER ORLANDO CAMPUS 2002

2012

$3,052,976.00
TELESIS PREPARATORY ACADEMY 2002

2011

$720,000.00 $333,350.00
TELESIS PREPARATORY ACADEMY 2005

2019

$1,225,450.00 $1,489,000.00
THE DOWNTOWN MIDDLE SCHOOL 2002

2006

$2,800,000.00 $314,882.00
THIRD FUTURE SCHOOLS DBA ACADEMY OF ADVANCED LEARNING 2002

2017

$7,014,000.00 $175,000.00
THREE OAKS PUBLIC SCHOOL ACADEMY 2002

2004

$4,070,000.00 $153,000.00
THURGOOD MARSHALL ACADEMY 2002

2005

$1,638,875.00 $500,000.00
TIERRA ADENTRO OF NEW MEXICO 2019

2020

$7,800,000.00 $1,000,000.00
TINDLEY SUMMIT SCHOOL 2015

2017

$204,000.00 $262,500.00
TOLEDO SCHOOL FOR THE ARTS 2004

2008

$8,000,000.00 $400,000.00
TRINITY BASIN PREPARATORY 2005

2016

$4,147,089.00 $466,419.00
TRINITY BASIN PREPARATORY 2005

2014

$1,250,000.00 $376,550.00
TWO RIVERS COMMUNITY SCHOOL 2002

2014

$2,477,889.00 $230,000.00
TWO ROADS CHARTER SCHOOL 2005

2011

$2,798,513.00 $200,000.00
TWO ROADS CHARTER SCHOOL PIERCE STREET 2005

2013

$694,326.00 $475,000.00
VEGA COLLEGIATE ACADEMY 2018

2020

$5,050,000.00 $1,875,000.00
VISTA COLLEGE PREPARATORY INC. 2002

2015

$7,500,000.00 $383,750.00
WASHINGTON YU YING PCS 2002

2011

$3,820,000.00 $800,000.00
WASHINGTON YU YING PCS 2005

2008

$1,535,000.00 $1,685,000.00
WASHINGTON YU YING PCS 2005

2009

$13,075,000.00 $74,999.00
WEST GARY LIGHTHOUSE 2004

2006

$11,450,000.00 $580,000.00
WEST GARY LIGHTHOUSE 2004

2007

$74,999.00 $400,000.00
WEST GARY LIGHTHOUSE 2004

2008

$3,990,000.00 $463,000.00
XAVIER SCHOOL OF EXCELLENCE 2005

2011

$8,187,525.00 $700,000.00
XAVIER SCHOOL OF EXCELLENCE 2005

2009

$3,500,000.00 $775,000.00
YINGHUA ACADEMY 2004

2009

$2,200,000.00 $-
YINGHUA ACADEMY 2004

2010

$2,450,000.00 $85,000.00

Lending Snapshot

Total Transaction Financing

Amounts Directly Enhanced and Financing Leveraged by Year

Number of Schools Served Each Year by Lender