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Department of Education Awards BCLF and Co-applicants $3.35 Million

Friday, August 3, 2012

Boston Community Loan Fund (BCLF), in a consortium that includes Build With Purpose and the Nonprofit Finance Fund, received a $3.35 million grant from the U.S. Department of Education’s Credit Enhancement for Charter School Facilities Program to support the development and financing of facilities for public charter schools in the Northeast and Mid-Atlantic region.  This competitive award will extend the ability of consortium members to provide services and capital to high-performing public charter schools serving low-income students, providing a proven pathway out of poverty.