Clearinghouse CDFI provided long-term financing for Lake Mead Christian Academy, a school in Henderson, Nevada that provides infant day-care services and schooling for grades K-12. Extracurricular activities and ministry services are also provided to the local community through the school.
Lake Mead Christian Academy currently serves 610 students and carries a higher graduation rate than the overall state.
Financing for this project was made possible through $100 million in bond funds Clearinghouse CDFI recently received through the U.S. Treasury’s CDFI Bond Guarantee Program.
Download as a PDF: Just Funded – Lake Mead Christian Academy
Financing Provided:
$4.9 Million Loan
Location:
Henderson, NV
Impact:
Students Served Annually: 610
Purpose:
Long-term Financing for a K-12 School with Above Average Graduation Rate
Year Funded:
2014