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She cited a study by the state Charter School Association that said most of the schools are in “outdated” buildings.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

Read more at http://www.politickernj.com/63167/125m-bonds-help-build-more-charter-schools?utm_source=Sailthru&utm_medium=email&utm_term=Wake%20Up%20Call%20NJ&utm_campaign=Wake%20Up%20Call#ixzz2KnLKkZHG
or sign up for a free trial of State Street Wire at http://www.politickernj.com/freetrial