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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

The 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.

Founder and Executive Director Emily Castillo León, Ethos Classical Charter School

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.