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2-13-1 3 In the News - Charter School Facilities Bonds
Politickernj - $125M in bonds to help build more charter schools

Politickernj - $125M in bonds to help build more charter schools

By Minhaj Hassan | February 12th, 2013 - 1:16pm

TRENTON – The state treasurer has given the green light to some $125 million in qualified school construction bonds to help build more charter schools throughout the state.

Economic Development Authority CEO Michelle Brown said the funds will go a long way in making sure charter schools are housed in better buildings.

She cited a study by the state Charter School Association that said most of the schools are in “outdated” buildings.

The last amount of funding for this purpose - $35 million in 2010 - has been exhausted, Brown said.

The EDA will make recommendations this spring on which charter schools should be awarded the bonds, Brown said.



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Garden State Coalition of Schools
160 W. State Street, Trenton New Jersey 08608
609-394-2828