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The facts that there are more than 1,000,000 students attending 3,600 public charter schools operating in 40 states and the District of Columbia and eleven percent of all charter schools opened have been closed are indications of success in charter school choices. How many students in the United States are on waiting lists for a public primary or secondary education alternative? The continued growing demand for enrollment unsatisfied due to full facilities is a fact that is not measured yet.
Charter schools have a chronic need for larger, complete facilities in order to fully satisfy the demand for student enrollment in existing grade levels and enroll students across additional elementary and secondary school levels. Continued growth in charter projects requires expansion of school facilities to enable a fair range of curricular and extracurricular activities. The United States Congress has appropriated $160 million to date to fund credit enhancements in public charter school facilities financing. The object now should be full use of the grant funds in forms of credit enhancement to leverage financing in facilities renovation, construction, acquisition and leasing.
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