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Innovative Tax Credits for Charter School

News | May 1, 2014

Drew Marlar and Carol Mihalic represented Aspira of Florida in the negotiation of a New Markets Tax Credit construction loan for the new Aspira Eugenio Maria de Hostos charter school in a low-income census tract in Miami. The school is being constructed adjacent to Aspira’s current facility and will provide state-of-the-art classroom facilities for their rapidly growing charter school student population. Kutak Rock worked closely with several lending partners and community stakeholders to successfully negotiate a smooth construction loan closing.