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West _gilbert _ext

West Gilbert Charter Elementary School
Gilbert, AZ

Getting Results

CSDC helps high impact, high quality charter schools acquire and finance facilities at the lowest possible cost.  Over its decade-plus history, CSDC has provided or procured roughly $680 million in capital financing and facilities for 235 charter schools in 24 states and the District of Columbia.

Check out our Featured Projects to see what CSDC is doing to narrow the facilities gap so that charter school educators can focus on closing the achievement gap.

Here's what some of CSDC's partners and clients have to say:

"When students arrived on the first day of classes on August 17, 2011, they walked into a beautiful school building. This would not have been possible without the financial support of the Charter School Development Corporation … A partner like CSDC means that a charter school can provide their students with an environment that will support academic performance. When we say that we couldn't have done it without them, we mean it."

- Kirk Loadman-Copeland, School President
Global Village Academy-Northglenn, Northglenn, CO

"...Regions Bank agreed to finance our expansion, but could only provide 80% of the appraised value.  Since we have very little cash in reserve, the amount needed to fill the funding gap was beyond our capability ... the Building Block Fund came to our rescue."

- Gary L. Moore, Superintendent
Benton County School of the Arts, Rogers, AR

"As a nonprofit start-up, our organization was too risky for a bank to commit to... Without the help of CSDC's Building Block Fund, we would not have been able to open City High School."

- Carrie Brennan, Principal
City High School, Tucson, AZ

"If CSDC had not joined us Great River School may never have gotten off the ground.... CSDC has continued to support Great River School as it develops plans to improve the facility to further its goal as a leading Montessori High School."

- Craig Harris, President
Great River School Board of Directors
Great River School, St. Paul, MN

"While the bank has endeavored to assist charter schools in this area they are still a relatively new element in our community.  Without your assistance we would not have been able to provide them with the financing they needed to acquire their new building..."

- Bill Hornung, Senior Vice President
Bank of America, Kansas City, MO

"Due to your hard work and loan enhancement program, Bank One, NA was able to provide $1,450,000 in term financing to Northland Preparatory Academy for the purchase and renovation of a new campus in Flagstaff, Arizona..."

- Christian Bowers, V.P. Business Banking Manager,
Bank One, Flagstaff, AZ

"The last charter school the Bank of Tucson approved a loan for was a direct result of your credit enhancement program.  Without the credit enhancement we would not have approved the loan to City High School."

-Jason Grabosh,
Bank of Tucson, Tucson, AZ

"I wanted to take this opportunity to say thank you for your assistance on the recent loan transaction for Community Montessori School located in southern Indiana...without your participation we would not have been able to approve your request and the construction
that is underway right now would not be happening."

-Joyce Brown, V.P. Commercial Group,
Stock Yards Bank and Trust, Louisville, KY

Where We Are
Charter Schools are Reforming K-12 Education
CSDC is a 501(c)(3) nonprofit corporation and Community Development Financial Institution
Copyright 2011