Charter Schools

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Charter schools have made significant strides in the past 20 years through their innovative approaches and commitment to excellence, but they still face many challenges as they strive to become a significant educational alternative. Kutak Rock recognizes the charter school operator’s need to provide competitive facilities and cutting-edge programs to successfully educate students in today’s challenging economic and political environment. Our public finance attorneys have been providing sophisticated legal assistance to charter schools across the nation since the mid 1990s, assisting them in finding innovative, timely and cost-effective solutions to their charter school facilities’ financing needs.

Our lawyers have participated as bond counsel, underwriter’s counsel or borrower’s counsel in more than 300 charter school financings in aggregate of approximately $2.9 billion in principal. We also have participated in New Market Tax Credit financings to benefit charter schools and used our expertise to combine the proceeds of both types of financings with historic tax credits, HUD loans and grants from federal, state, municipal and private sources. The proceeds from these types of transactions have helped charter schools finance classrooms, athletic facilities, auditoriums for fine arts performances and other uses, libraries, outdoor play environments and laboratories, as well as basic infrastructure and technology improvements that they otherwise may not have been able to afford.