Project Spotlight: Ethos Classical Charter School, Atlanta
- Headquarters
- Atlanta
- Category
-
- Community Facilities
Impact
$9.1 million
loan amount
50,000
square feet
24
K-5 classrooms
Founder and Executive Director Emily Castillo León, Ethos Classical Charter SchoolThe loan is a key factor in ensuring every scholar whose education we are entrusted with has an extraordinary elementary experience. For the past four years, we’ve been getting results with our scholars in spite of our building. Moving forward, we’ll be able to accelerate our impact with our expanded space. What a gift.
Low Income Investment Fund (LIIF), in partnership with Reinvestment Fund, offered a construction and mini-permanent loan to fund the expansion of Ethos Classical Charter School, an independent charter school located in southwest Atlanta. Each CDFI put $9.1 million toward the project. The loan is part of LIIF’s Tennessee and Georgia Charter School product that provides flexible lending terms to charter schools.
Once completed, the school will have added 44,000 square feet and feature 24 K-5 classrooms, multiple enrichment rooms, a library, an outdoor play area and additional spaces to support educational development.