PORTLAND, OR—Charter School Capital has launched a new $500 million program to help charter schools nationwide address one of the charter school movement's biggest challenges – securing facilities that meet their growing needs.

The formation of American Education Properties, LLC (AEP), brings together Charter School Capital, the national leader in providing working and growth capital to charter schools, and investment firm American Infrastructure MLP Funds (AIM) to help solve the growing facilities needs of America's charter schools.

In this joint effort, AEP funds will be put to work to address charter school facilities needs. The offering is unlike other facilities financing options available in the market today, as it will enable each school to determine its own long-term facility needs by offering continued access and full control of their buildings. This represents a major improvement from the year-to-year lease renewals that many charter schools currently experience. By providing long-term facilities security and an investment partner interested in school expansion, AEP will give schools the ability to expand their enrollment and educational offerings with confidence.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.