Through its Revolving Loan Fund (RLF), LIIF provides predevelopment, acquisition, construction and term financing to nonprofit and for-profit charter school developers. RLF funds may cover the closing costs and capitalized interest reserve, if necessary.
- Loan Terms
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Acquisition: Up to 3 years
Construction: Up to 2 years
Mini-Perm: Up to 10 years
- Contacts
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Kirsten Shaw, Vice President, Northeast and Mid-Atlantic Region, kshaw@liifund.org
LaToya Kyle, Market Director, Southeast Region, lkyle@liifund.org
Emma Chávez, Market Director, Western Region, echavez@liifund.org
Download the Education Financing Term Sheet
The Revenue Anticipation Note (RAN) is a short-term bond financing program for high-performing California charter schools that face temporary cash flow challenges associated with state budget delays. Borrowers can access low-cost working capital to bridge deferred cash flows for a single fiscal year. The RAN allows great schools to stay open, keeping students learning and staff working.
- Eligibility
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Financing is available to California multi-school charter management organizations and single-school operators with strong track records
- Loan Size
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$250,000 – $15,000,000
Download more information about the RAN
LIIF uses its allocation of New Market Tax Credits (NMTCs) to support projects that bring economic development and essential services, such as charter schools, to low income neighborhoods nationwide. NMTCs have proven to be a useful tool in providing financing for large-scale charter school construction or rehabilitation projects.
More information about New Markets Tax Credits
