Imagine 26 Charter School
Imagine 26 Partners converted a vacant, blighted retail center into a new charter school with an NMTC allocation and leveraged loan provided by Clearinghouse CDFI. Located in one of the poorest areas in Imperial County, the school will provide an immersive dual-language program for low-income Hispanic/Latino students in the community. Imagine 26 has experienced great success, despite being in an area with historically underperforming schools. The school’s programs are currently offered to 834 students grades K-8.
Financing Provided:
$8.9 Million in New Markets Tax Credits (NMTCs)
Location:
El Centro, CA
Impact:
High Quality Education Provided to 834 Students
30 New Permanent Jobs Created
Purpose:
Blighted Retail Center Renovated into New Charter School
Year Funded:
2010
