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S354A210007

Project Grant

Overview

Grant Description
Provide innovative loan products to charter schools, focusing on start-up and early-stage schools in financially underserved markets in low-income, low-performing districts.
Awardee
Bluehub Loan Fund
Grant Program (CFDA)
84.354 - Credit Enhancement for Charter School Facilities
Awarding / Funding Agency
Office of Elementary and Secondary Education (OESE) [ED]
Place of Performance
Roxbury, Massachusetts 02119-1775 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Bluehub Loan Fund was awarded Innovative Loan Products for Charter Schools in Underserved Markets Project Grant S354A210007 worth $12,000,000 from the Office of Elementary and Secondary Education in September 2021 with work to be completed primarily in Roxbury Massachusetts United States. The grant has a duration of 25 years and was awarded through assistance program 84.354 Credit Enhancement for Charter School Facilities.

Status
(Ongoing)

Last Modified 10/11/21

Period of Performance
9/10/21
Start Date
9/30/46
End Date
18.0% Complete

Funding Split
$12.0M
Federal Obligation
$0.0
Non-Federal Obligation
$12.0M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to S354A210007

Additional Detail

Award ID FAIN
S354A210007
SAI Number
None
Award ID URI
None
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
919846 OFC OF ELEMENTARY AND SECONDARY EDU
Funding Office
910046 OFC OF ELEMENTARY AND SECONDARY EDU
Awardee UEI
P49TYES2Z113
Awardee CAGE
49RX7
Performance District
07
Senators
Edward Markey
Elizabeth Warren
Representative
Ayanna Pressley
Modified: 10/11/21