Alliance Broadway Campus
Alliance College-Ready Public Schools (Alliance) opened its first high school in 2004 with a defined goal: to prepare under-served students in the Los Angeles area for success in college and future careers. Since launching its first school, Alliance has opened 20 schools serving 8,500 students, 95% of which come from low income families. LIIF provided a $5.7 million allocation of New Markets Tax Credits and an additional $2.2 million bond purchase to support Alliance’s acquisition and construction of a permanent school facility in Los Angeles. Located in the Lincoln Heights neighborhood, the new 50,000-square-foot campus expanded the existing middle school and allowed Alliance to open a new high school. The facility currently serves over 400 students and will accommodate over 1,000 students in grades 6-12 at full capacity. The new high school will use Alliance’s pioneering BLAST model (Blended Learning for Alliance School Transformation), a teaching model that incorporates traditional classroom time with online learning to enhance the educational experience for each student. The investment in the new Alliance campus has created and preserved a total of 75 permanent jobs and employed 70 construction workers.
Project Details
- Impact
- 1,050 students served
50,000 square feet of new school space
75 permanent jobs created
Built to meet the Los Angeles County Cal Green Code - Financing
- $5.7 million New Markets Tax Credit allocation
$2.2 million purchase of Qualified School Construction Bonds (QSCBs) - Partners
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- Genesis LA
- Goldman Sachs Urban Investment Group
- Local Initiatives Support Coalition
More Information
Watch the Create Jobs for USA Alliance Success Story
Community Capital for Education
New Markets Tax Credits
