The Office of Public Charter School Financing and Support terms for the credit enhance revolving fund are:
- Maximum allocation for each project shall not exceed $1,000,000
- Request cannot exceed 20% of total fund sources for a project
- OPCSFS may use discretion to increase the maximum allocation and standard leverage for difficult to finance projects (i.e. leasehold improvements for former DCPS properties) or projects that will benefit a high-need area within the District of Columbia
- Maximum term of 5 years
- Credit Enhancement Fee negotiated at the discretion of OPCSFS
Credit Enhancement Reduction/Burn off negotiated at the discretion of OPCSFS.
For more information, please contact:
Debra Roane
Email: [email protected]
Office Phone: (202) 412-5940
Cell Phone: (202) 262-8883
Contact TTY:
711
Contact Suite #:
Fifth Floor
Office Hours:
Monday to Friday from 8 a.m.-5 p.m.
Service Location:
1050 First Street, NE
GIS Address:
1050 First Street, NE
City:
Washington
State:
DC
Zip:
20002