Charter School Feasibility Studies Call 1.888.661.4449
Wert-Berater, LLC is the leading USDA feasibility study provider in the United States with 30 offices nationwide to serve your feasibility study needs.Charter School Feasibility Studies by the nation's Experts.”— Donald Safranek, PresidentDENVER, COLORADO, USA, January 6, 2021 /EINPresswire.com/ -- What federal agency has funded more charter schools facilities than any other agency? The U.S. Department of Agriculture provides key financing to develop essential community facilities in rural communities. Through the USDA Rural Development’s Community Facilities Direct Loan and Grant Program and the Guaranteed Loan Program, nearly 100 rural charter schools have received more than $570 million in financing since 2008.
Key Features of the Programs:
Eligible communities are any city, village, township, town, or Tribal land with a population less than 20,000 based on the most recent census. Entities can apply for a direct loan, grant, or loan guarantee to construct, purchase or improve an essential community facility. Since 2008, schools received financing from $51,500 to $18 million, with an average financing of $4.5 million.
SCHOOL ENROLLMENT GROWTH
USDA recipient schools have experienced enrollment growth over time, on average. Of the identified USDA recipient schools, 75 percent grew in enrollment from 2013-14 to 2017-18. Interestingly, in most cases, they are in rural communities that present opportunities for enrollment growth, even if the communities around them have declining populations. In fact, 24 of the schools were in counties with declining populations, yet 88 percent of those schools still grew in enrollment.
For the schools with available state academic performance ratings, less than 10 percent were rated as below average between 2013-14 and 2017-18. Between 60 percent and 70 percent of recipient schools were rated average each year, while 20 percent to 30 percent of the recipient schools were rated as above average.
Wert-Berater, LLC is the leading feasibility study provider for all USDA related programs. Since 1998, Wert-Berater, LLC has provided feasibility studies used by USDA loan underwriters in all 50 states and US territories. To contact Wert-Berater, LLC, phone 1.888.661.4449 to discuss your feasibility study needs.
Or visit https://www.wert-berater.com
Donald J Safranek