We Finance
Certified CDFI
As a certified Community Development Financial Institution (CDFI), we are dedicated to providing financing for projects that deliver true community impact through increased school choice and student achievement. We have our own transformative model for the financing of charter school facilities — a model that has gone on to become a cornerstone of our industry.
22Beacon is one of the few CDFIs in the country dedicated to meeting the facility + financing needs of educational institutions.
Creative
Financing Partners
We are determined to secure the financing you need for the educational facilities your community deserves.
For over 25 years, 22Beacon has been the largest financial intermediary and credit enhancement provider to charter schools nationally.
We work with schools of all types, at all stages of development — with a particularly strong focus on new and early-stage educational ventures (which comprise nearly 75% of our portfolio).
For schools and facilities that already have a handle on the mechanics of acquisition and construction but need the capital to realize their projects, we offer a range of financing options that help build a solid foundation to propel a school’s long-term success, sustainability, and environmental responsibility.
Leasehold + tenant improvement loanS
Debt refinancing
Climate-focused lending
Green initiatives
Our tailored development services increase each school's capacity to plan and manage their finances to meet their facility needs while maximizing the dollars available for classroom teaching and learning. Our unique approach helps schools reduce long-term operating costs, create healthier learning environments, and demonstrate environmental stewardship to their communities.
Frequently Asked Questions
The CSDC team takes an innovative approach, collaborating with each school to identify affordable financing options that are scaled to support a school’s growth. CSDC partners with various financial institutions and utilizes flexible financing options to assist schools serving under-resourced communities with obtaining low-cost financing for the acquisition, construction, or renovation of educational facilities.
Charter schools are tuition-free public schools and are an integral part of our nation’s public education system. Charter schools receive funding from the federal and state government with per-pupil funding levels varying by state. The amount of per-pupil funding that a school receives has a huge impact on determining a school’s afford ability for a facility. Some states have specific provisions allowing schools to access additional facilities funding. For example, Minnesota offers Lease Aid to schools that meet a certain criteria.
With experience working in 30 different states and D.C., the CSDC team is well versedin the nuances of state facilities funding. Please contact us if you have additional questions about your charter school’s facility financing needs.
CSDC provides a range of financing options to support charter schools and their facility
needs, which includes the following:
▪ Direct Loans
▪ Lease and Loan Guarantees (Credit Enhancement)
▪ Financial Support and Assistance
A prospective school will need to complete an application to be considered for CSDC’s financing services. Contact us to learn more about our financing services and to begin the application process.
CSDC has long-standing partnerships with lending institutions, philanthropic partners, and multiple public finance authorities throughout the country. CSDC’s experienced team knows how to leverage those relationships to provide new, early-stage, and established schools with low priced capital to support their facility needs. CSDC’s range of financial services ensure that there is a right-fit solution for each charter school.
Setting clear budgetary parameters is critical in assessing any facility financing needs. CSDC’s expertise in providing strategic facility advisory services helps a school assess its finances with its short-term and long-term goals in mind.
A groundbreaking flexible funding solution
Together with EFF, we've created a new loan fund for high-impact public charter schools traditionally underserved by conventional lenders. The Catapult Fund helps break down financial barriers, with a special focus on schools serving economically disadvantaged students.
Contact us to determine if Catapult is the right fit for your project!
Building Block
Fund
Our Building Block Fund™ offers crucial credit enhancement support for charter schools trying to secure facility loans or leases, with a focus on safe, modern, economical, and efficient facilities. Excellent leverage results in 100% financed facilities at an affordable cost.