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"It is heartwarming to know that you were willing to take a chance on a 'bunch of idealistic parents and administrators' and help them create the school of their dreams. We can never thank you enough for your confidence in our dream and us."

- Sharon Malone, M.Ed
Principal and Board Member
Adams Traditional Academy

Featured Projects

CSDC has helped to create innovative and accountable public charter schools by assisting those schools with their facility and related financing needs:

Carpe Diem Collegiate High School, Indianapolis, IN
Turnkey Development Program: New construction of an almost 20,000 square foot facility that accomodates the high-tech, blended educational model of Carpe Diem Schools.

Nova Classical Adacemy, St. Paul, MN
Fee Developer Services: New construction of a $17.7 million state-of-the-art facility for a new K-12 campus on behalf of one of the top performing charter schools in the state.

Adams Traditional Academy, Phoenix, AZ
Turnkey Development Program: Build-out of a shell industrial space into a 500-plus student elementary school offering a Core Knowledge curriculum with emphasis on the principles of America's founding fathers.  Total project cost was $6.3 million; an expansion into a middle school and pre-school on a recently optioned adjacent parcel is planned for fall 2012.

International Spanish Language Academy, Minnetonka, MN
Turnkey Development Program: Adaptive reuse of a former office building into a state-of-the-art elementary school offering both a Spanish immersion and International Baccalaureate Program curriculum. Total project cost was $4.6 million

Aurora Expeditionary Learning (AXL) , Aurora, CO
Mountain West Charter Schools Fund Project: Direct financing of tenant improvements resulting in more classroom space and expanded enrollment. Total loan amount: $875,000

New Vision Charter School, Loveland, CO
Building Block Fund Project: A collaborative partnership between a charter school and Boys and Girls club, enabled by CSDC's credit enhancement, for new construction of a multi-million dollar, multipurpose facility. CSDC Lease Guaranty: $500,000.

Paramount School of Excellence, Indianapolis, IN
Turnkey Development Program: Renovation with addition, transforming a 50-year-old building, in 4 1/2 months, into a green, non-traditional urban elementary learning space. Total project cost: $5 million

Piedmont Community Charter School, Gastonia, NC
Turnkey Development Program: Total gut renovation of 45,000 square feet, from abandoned grocery store to vibrant college preparatory school, in 7 months. Total project cost: $5,000,000

New Market Tax Credit Schools

Charter Schools are Reforming K-12 Education
CSDC is a 501(c)(3) nonprofit corporation and Community Development Financial Institution
Copyright 2011