Addressing the Finance Gap
Date Published: 06/03/2011
Author: Elise Balboni, Project Director, Local Initiatives Support Corporation (LISC), and Ann Margaret Galiatsos, Management and Program Analyst, U.S. Department of Education
The Office of the Comptroller of the Currency releases articles on Charter School Finaning Opportunities. Elise Balboni, Project Director with LISC's Educational Faciltiies Financing Center, has written two articles for the series: "Why Charter Schools?" and "Addressing the Finance Gap."
Overview
Despite charter schools’ benefits for many communities and their success in improving student achievement (see "Why Charter Schools?"), there continues to be a mismatch in the market between the perception and reality of their creditworthiness for financing purposes. The actual repayment performance of charter schools that have borrowed to date is impressive. In its "2010 Charter School Facility Finance Landscape," the Local Initiatives Support Corporation reviews this performance and the impact that the federal credit enhancement program administered by the U.S. Department of Education has had in stimulating development of the sector. Continued[+]...
> Read the full article here.
> Read the full series here.
Topics: Education, Children & Youth, --Educational Facilities
Type: Topical report