Facility Financing Fundamentals: Navigating the Finance Maze for School Spaces

Charters face challenges in establishing, operating, and flourishing without access to secure, budget-friendly facilities. They can explore various avenues for funding, such as tax-exempt bonds, new market tax credits, and construction loans. Each option has specific prerequisites and eligibility criteria. This session aims to explain the choices and guide you in selecting the most suitable option for your organization, ensuring optimal resource allocation. Participants gain understanding of funding options, engage in discussions to tailor choices to their organization, and gain insights into initiating the exploration of funding avenues.

Presented by

Ryan Storey

California School Finance Authority

Sarah Kollman

Young, Minney & Corr, LLP

YM&C Partner Sarah Kollman has devoted her practice areas to protection of charter facility rights, focused on defense and litigation of rights arising out of Proposition 39, but also including facility lease and use agreements, zoning and building code compliance, public works requirements, and real property transactions. Sarah also manages the firm’s collaborative efforts with CCSA regarding its pro bono Proposition 39 project, which assists charter schools in realizing the promise of their rights under the law. Among other things, Sarah works in the areas of teacher credentialing, audit appeals, contract negotiation and review, pupil fees issues, and SB 740.