Public Economics
Service Providers: Financial Consultant
- less than one year of operating history
- one to three years of operating history
- more than three years of operating history or one charter renewal
- charter management organizations
- stand-alone schools
- single-site schools
Public Economics, Inc., specializes in providing the following financing options: municipal advisor for tax exempt bond offerings, financing through federal Community Development Financial Institutions (CDFI) Bond Guarantee Program, general advisory services, all federal tax credit programs including New Markets Tax Credits (NMTCs). The company works with the following major types of lenders to help clients finance their projects: capital markets underwriters, major national banks, nonprofit/CDFI lenders, and regional/local banks. It also provides feedback on any areas of concern for charter school clients.
Public Economics has worked with KIPP TEAM and Family Schools (KIPP Newark, KIPP Camden, KIPP Miami), Match Schools, Brooke Schools, KIPP St. Louis, and many more. Before deciding to work with a school, Public Economics undertakes discussions to fully understand the operating policies and needs of the school and ensure that we are a good fit that will give the School the best opportunity to benefit from our expertise. Minimum project size is $2 million.
| School Name | Total Project Cost | Lending Institutions | Public Subsidies Used |
|---|---|---|---|
| KIPP Team & Family/Newark | 56,700,000 | Public Bond Oferring | Tax Exempt Bonds |
| Brooke Charter Schools | $39,900,000 | Regional Bank | Tax Exempt Bonds |
| Match Charter School | $31,860,000 | Regional Bank | Tax Exempt Bonds |
| KIPP St. Louis | $1,822,000 | Regional Bank | QZABs, NMTCs |
Last Updated: October 2021
Disclosure: Information on this page has been provided by the organization. Any questions related to figures or programs listed should be directed to the contact shown above. Keep in mind that each school’s situation will differ slightly and you’ll need to speak to the contact listed for information specific to your school.