GIVE FACILITIES INVESTMENT FUND ANNOUNCES NEW $100M IN FUNDING The new round of funding will expand the capacity of high-performing public charter schools by 6,500 students and redirect more than $5 million in savings to the education needs of teachers and students. PNC Bank and the Walton Family Foundation are providing funding, with management of the fund by Civic Builders. Read the full press release announcing the new funding and partnership here. WHAT IS THE FACILITIES INVESTMENT FUND? Facilities Investment Fund is a $200M lending entity managed by Civic Builders. This fund is a groundbreaking opportunity to improve the charter facilities financing market and help high-quality public charter schools find homes in the communities that need them most. HOW IS IT DIFFERENT? Low interest rate Up to 90% loan-to-value Loan size up to $25M 5-year loan term No prepayment penalty Immediate opportunity Financing for new construction, acquisitions or renovations WHO CAN ACCESS IT? Independent charter schools Charter Management Organizations Nonprofit developers New construction Renovation Refinancing Long-term lease Site acquisition *Standard commercial lending fees will be applied to all loans and rates are subject to change based on market conditions. PORTFOLIO SCHOOLS School name: Great Hearts Grades Served: K-8 Students Served: 784 State: TX School name: KIPP Indy Grades Served:9-12 Students Served: 451 State: IN School name: Resurgence Hall Grades Served: K-8 Students Served: 505 State: GA School name: Ascend Albany Grades Served: K-4 Students Served: 324 State: NY School name: Ascend Shepherd Grades Served: K-4 Students Served: 459 State: NY School name: ASTEC Grades Served: PK-5 Students Served: 324 State: OK School name: Seton Education (Brilla) Grades Served: K-5 Students Served: 450 State: NY School name: Tulsa Honor Grades Served: 9-12 Students Served: 500 State: OK School name: Stockton Collegiate Grades Served: PK-12 Students Served: 1,036 State: CA School name: Compass Rose Grades Served: 6-12 Students Served: 845 State: TX School name: Urban Dove Grades Served: ungraded Students Served: 305 State: NY School name: Future School of Fort Smith Grades Served: 9-12 Students Served: 400 State: AR PARTNER SCHOOL FEEDBACK “Our team is on a mission to transform high school to be more responsive to kids while connecting them to the local economy. We are incredibly grateful for the support from our partners, the Walton Family Foundation, PNC and Civic Builders through the FIF investment. This loan allows us to open more doors for more students, create capacity for educational leadership within our community, and build our local economy through local talent.” Boyd Logan and Trish Flanagan, Future School Co-Founder “As a start-up school independent of a charter management organization, the investment by the Facilities Investment Fund is a game changer for Resurgence Hall. We don’t have to sacrifice our mission and high-quality program that so many schools of our size have to do in order to secure a stable, permanent facility. Without the Facilities Investment Fund, there might possibly be no Resurgence Hall. We are incredibly grateful for their belief in our scholars and their future.” Tori Jackson Hines, Founder and Executive Director, Resurgence Hall “While building a new school is about providing a high-quality option for students in Indianapolis, [Facilities Investment Fund] is also about investing in the Martindale-Brightwood neighborhood and responding to what we’re hearing from its members.” Andy Seibert, Executive Director, KIPP Indy Public Schools FIF IN THE NEWS A Stronger ‘Future’ Through Modern School Facilities Walton Family Foundation Read Article Charter School Fund Announces $100 Million in New Funding Philanthropy News Digest Read Article A Firm Foundation for Charters Philanthropy Roundtable Read Article Foundation Offers Charter Schools New Low-cost Financing Options The Bond Buyer Read Article APPLY TO THE FACILITIES INVESTMENT FUND FOR YOUR CHARTER FACILITY PROJECT TODAY! CONTACT US Full Name* Email Address* School Name* Phone Number School Location (City) Date When Financing Needed January - June 2019 July - December 2019 2020+ Message or Question How Did You Hear About Us? CIVIC BUILDERS HOME ABOUT US IMPACT SCHOOLS DONATE WORK WITH US THE FACILITIES INVESTMENT FUND CAREERS PRIVACY POLICY CIVIC BUILDERS 180 VARICK STREET, SUITE 1414 NEW YORK, NY 10014 212-571-7260 INFO@CIVICBUILDERS.ORG © 2021 CIVIC BUILDERS