In State Policy Analysis: State Support for School Facilities and Charter Schools, the Facility Center analyzes state funding for all public school facilities and identifies opportunities for charter schools to participate in this broader funding.
Since the early 1970s, moral obligation bonds have been used to finance housing, higher education facilities, hospitals, corrections facilities, and more. Some states are now using this tool to help charter schools save on borrowing costs.
Does a moral obligation affect a state’s credit rating?
State credit enhancement programs can provide effective, low-cost financing support for charter schools seeking to reduce costs for facilities financing.
Charter schools are eligible uses of New Market Tax Credits (NMTC). There have been 75 NMTC transactions in schools, and most of them have been charter schools.
In State Policy Analysis: Per Pupil Facility Funding, the Facility Center analyzes the 18 states with per pupil facilities funding, looking at the statutes, operations, and funding for these programs.
This brief from the Charter School Facility Center highlights some of the most promising practices identified around the country and provides local leaders with a framework for analyzing and prioritizing their local ecosystem of charter school facility policy, finance, and real estate solutions t