Civic Builders is one the nation’s leading nonprofit lenders and developers, bringing high-quality educational opportunities to under-resourced communities through the development of public charter schools. Since 2002, the organization has supported the growth of 83 schools educating more than 42,500 students annually.
Civic Builders partners with philanthropists and capital providers to design and manage affordable, new financing and development solutions for high-quality schools. Civic Builders achieves our mission of removing real estate as a barrier to an excellent public education by addressing the full spectrum of facilities and financing challenges public charter schools face. As a nonprofit organization with two decades of experience, Civic Builders’ portfolio represents $1.45 billion invested into economically distressed communities to ensure all students have access to safe, positive, and student-centered learning environments.
For more information about Civic Builders, visit www.civicbuilders.org.
How We Work:
Our team’s extensive expertise in both real estate and lending enables us to provide a full suite of support to the charter schools seeking to find their permanent school facility.
Financial Services
We manage and deploy a variety of financial products that meet the unique needs of each school’s facility development project.
In partnership with the Walton Family Foundation and PNC Bank, we developed and run the $300 million Facilities Investment Fund (FIF), providing 5-year fixed-rate loans for new construction, acquisition and facility renovation.
We unlock public resources for great public charter schools by accessing affordable capital through the New Markets Tax Credit program and the U.S. DOE Credit Enhancement program.
Real Estate Development
We develop charter school facilities from start to finish; from site identification, financing, and development through construction to ultimate school occupancy; all on time and on budget.
Industry
Civic and Social Organizations, Real Estate Services
HQ Location
180 Varick Street
Suite 1414
New York, NY 10014, US
Keywords
Real estate developmentLending and InvestmentsNonprofitFinancial ServicesCharter School DevelopmentNew Markets Tax CreditsSenior and Subordinate LendingFund ManagementCommunity DevelopmentPublic Charter Schools