Innovative Schools Empowers Charter Schools by Holding Their Mortgages

This isn't new news.  It's really recently discovered news - as in, we never thought about Innovative as having the capital to finance charter school property acquisitions.  Apparently, they do and they have been.  And now, they even advertise!

From:   http://innovativeschools.org/school-solutions

Facilities

Obtain financing for building acquisition, renovation, construction, or leasehold improvements
• Facilities Project Management
• Loan Guaranty Financing
• Direct Lending (NEW PROGRAM)

Note:  This program has been so successful, that Innovative is now offering DIRECT LENDING!

Thus far, the following charter schools have been beneficiaries of Innovative's finance menu of services:

• Newark Charter School
• DMA
• Family Foundations
• Sills/Moyer Education Foundation (Old Moyer)
• DCPA