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What is the Facilities Investment Fund?

Facilities Investment Fund is a $100M lending entity from the Building Equity Initiative, funded by the Walton Family Foundation and Bank of America Merrill Lynch, and 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-cost interest rate
  • Borrow up to 90% of project costs

  • Loan size up to $20M
  • 5-year loan term
  • No prepayment penalty

  • Immediate opportunity
  • Financing for new construction, acquisitions or renovations

Who Can Access It?

  • Independent charter schools
  • Emerging CMOs and CMOs
  • 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.

Apply to the Facilities Investment Fund for your charter facility project today!

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