Stories
Charter School Investments Can Help Upend ‘Zip Code Destiny’
Income, race and geography persistently define the educational landscape—year after year, in every state, across both urban and rural communities. "No matter where families might live—no matter their backgrounds or incomes—public education should offer kids the opportunity to reach their full potential,” writes LISC’s Yvonne Nolan, in a new blog commemorating 20 years of investments through LISC’s charter school financing program. “We refuse to stand by and let crumbling buildings undermine student learning and perpetuate inequality,” she says.
The Anatomy of Lending Outcomes: What We’ve Learned from the LISC Impact Matrix, One Year In
A year after launching the LISC Impact Matrix, we have been examining the potential and actual impact of every loan we make in six different categories or “dimensions.” Read on to learn about how this is shaping our lending, and to hear about some of our most transformative projects.
With Help from LISC, a Tech-focused Charter School in the Bronx Is Getting a New Home
Comp Sci High, a charter school in the Bronx that prepares students to access jobs in the region’s tech industry, will get a new facility to accommodate its growing enrollment thanks to a new loan from LISC.
Academic Excellence Finds a Permanent Home in Brooklyn
Brooklyn Prospect Charter School educates more than 2,100 children and youth in grades K – 12, with a focus on preparing a diverse student body to have a positive impact on society and develop a lifelong passion for learning. LISC is providing a $12 million loan to support the renovation of a building that will become a permanent home for their elementary school.
Investing in Education that Centers the Needs of Indigenous and Latinx Communities
In October 2022, LISC Charter School Financing closed on a $360,000 loan to the American Indian Academy of Denver (AIAD), allowing AIAD to expand beyond grades 6-9 and run through grade 12. The loan is credit-enhanced through a U.S. Department of Education award to LISC that is being specifically deployed to support schools with BIPOC leaders.
Fueling Educational Excellence for Black Youth in East Austin
The LISC Charter School Financing team hit the ground running during the summer back-to-school season with a $10 million loan to Texas Empowerment Academy. The loan will help support the ground-up construction of an 81,838-square-foot, two-story school facility in Austin, Texas.