At Butler Snow, we understand the unique financial challenges and potential opportunities that charter schools are facing today. Our dedicated team of legal professionals offers comprehensive support in charter school financing, leveraging our extensive experience to provide innovative solutions tailored to the specific needs of each institution.
Charter School Financing at Butler Snow: Butler Snow’s Public Finance, Tax Incentives, and Credit Markets Group and Finance, Real Estate and Restructuring Group is committed to assisting charter schools in navigating the complexities of financing. We offer expert guidance on a range of financial matters, including tax-exempt and taxable bond financing, post-issuance compliance, federal and state tax credit financing and other innovative financing structures that combine tax credits, bonds and/or other benefits.
Our approach is centered on understanding the specific goals and challenges of each charter school, ensuring that we provide strategic counsel that aligns with our clients’ educational mission and financial objectives. Whether it’s managing capital projects, restructuring existing debt, or exploring new funding opportunities, Butler Snow is here to help charter schools succeed.
Key Services:
- Tax-Exempt and Taxable Bond Financing: We assist charter schools in securing financing for capital projects, expansions, and renovations, ensuring that they can continue to provide high-quality educational environments for their students.
- Post-Issuance Compliance: Our team ensures that charter schools remain in compliance with all federal tax requirements following the issuance of bonds, safeguarding their financial stability and reputation.
- Tax Credit Financing: Our team of experts assist charter schools in securing federal and state new markets tax credits for capital projects, expansions and renovations that will enable charter schools to increase offerings, programming, and enrollment for students.
- Innovative Financing Structures: We specialize in creating financing solutions that maximize available resources, including new market tax credits, opportunity zone benefits, and federally tax-exempt debt.
Practice Highlights
Bond Transactions
- Underwriter counsel in financing for Northwest Classical Academy in Georgia.
- Placement agent’s counsel in financing for Stone Creek Charter School in Colorado.
- Bond counsel in financing for Global Outreach Charter Academy in Florida.
- Bond counsel and Disclosure counsel in financing for Scintilla Charter Academy in Georgia.
- Underwriter counsel in financing for Ogden Preparatory Academy in Utah.
- Underwriter counsel in financing for Merit College Preparatory Academy in Utah.
- Underwriter counsel in financing for Esperanza Elementary School in Utah.
- Underwriter counsel in financing for Utah County Academy of Sciences in Utah.
- Underwriter counsel in financing Wasatch Waldorf Charter School in Utah.
- Underwriter counsel in financing for Scholar Academy in Utah.
- Special counsel in financing for Academy Charter School in Colorado.
- Special counsel in financing for Roosevelt Charter School in Colorado.
- Borrower counsel in financing for D.A.T.E Academy in Georgia.
- Borrower counsel in financing for Chattahoochee Hills Charter School in Georgia.
- Underwriter counsel in financing for Piedmont Community Charter School in North Carolina.
- Underwriter counsel in financing for Franklin Phonetic Charter School in Arizona.
- Bond counsel in financing for Early College of Arvada Charter School in Wisconsin.
- Underwriter counsel in financing for Discovery Charter Preparatory School in California.
- Underwriter counsel in financing for Loveland Classical Schools in Colorado.
- Co-Bond counsel in financing of Alliance Alice M. Baxter College Ready High School in California.
- Placement agent’s counsel in financing for Miami Arts Charter School in Florida.
- Trustee’s counsel in financing for Excelsior Classical Academy in North Carolina.
- Bond and Trustee’s counsel in financing for Parrish Charter Academy in Florida.
New Markets Tax Credits
- Borrower Counsel in connection with financing the construction and expansion of an existing STEM school located in Port Authur, Texas.
- Developer Counsel in connection with financing the construction and development of a nonprofit, tuition free public charter school facility which includes an LGBTQ+ affirming learning environment in Homewood, AL.
- Developer Counsel in connection with the construction and development of a new 85,858 square feet charter school facility in the Cayce Place public housing community of Nashville, TN.
- Developer Counsel in connection with financing the development and construction of a nonprofit, college preparatory and charter school (inclusive of a Marine Corps JROTC program) serving primarily at-risk youth in New Orleans, Louisiana.
- Developer Counsel in connection with the redevelopment of the historic Sears Roebuck & Co. Distribution center to offer 635,122 square feet of commercial, retail, and mixed-residential space including restaurants and retail, a small grocery, a fitness center and health clinics, a charter high school, a contemporary art center, commercial offices and 265 loft-style apartments in Memphis, TN.
At Butler Snow, we are dedicated to providing charter schools with the legal expertise and financial acumen necessary to thrive in today’s educational landscape. Our team is ready to support your institution’s growth and success through strategic financial planning and legal excellence. For more information on how we can assist your charter school, please contact our Public Finance, Tax Incentives, and Credit Markets Group or Finance, Real Estate and Restructuring Group.
