Purpose of Program: This program provides grants to eligible entities to permit them to enhance the credit of charter schools so that the charter schools can access private-sector and other non-Federal capital
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in order to acquire, construct, and renovate facilities at a reasonable cost. Grants awarded under this program will be of sufficient size, scope, and quality to enable the grantees to implement effective strategies for reaching this objective.
The capacity of charter schools to offer public school choice in those communities with the greatest need for school choice based on—
(1) The extent to which the applicant would target services to geographic areas in which a large proportion or number of public schools have been identified for improvement, corrective action, or restructuring under Title I of the Elementary and Secondary Education Act of 1965, as amended (ESEA);
(2) The extent to which the applicant would target services to geographic areas in which a large proportion of students perform below proficient on State academic assessments; and
(3) The extent to which the applicant would target services to communities with large proportions of students from low-income families.
Current Closing Date for Applications: May 10, 2011
For more information, contact:
Joyce Mays
Management Analyst
Phone 202-245-6122
joyce.mays@ed.gov
Program Manager:
Ann Margaret Galiatsos
U.S.Department of Education
400 Maryland Avenue, SW., room 4W259,
Washington, DC 20202-5970
Telephone:(202)205-9765
