Charter School Takes Advantage of Low Cost Financing
Partnerships to Uplift Communities is a non-profit charter school management organization designed to significantly increase college entrance and graduation rates for underserved students in Los Angeles and the San Fernando Valley. The non-profit organization operates a growing network of 13 small, public charter schools in Southern California.
Recently, they asked the CMFA to assist them in the acquisition of land and facilities currently being leased. The campuses of Community Charter Middle School, Community Charter Early High School and Lakeview Charter Academy both share this location. Also included in the $26,500,000 total financing was the refinancing of two loans which were used to purchase their California Academy of Liberal Studies Middle School site located near downtown Los Angeles. The California Academy of Liberal Studies Early College High School will be relocating to this shared campus beginning in the 2012-2013 School Year.