West Virginia SB1017 establishes the Charter School Direct Loan Program and the Charter School Credit Enhancement Program to support public charter.

West Virginia SB1017 establishes two programs to support public charter schools: the Charter School Direct Loan Program and the Charter School Credit Enhancement Program. The West Virginia Economic Development Authority will oversee these programs, aiming to provide efficient and cost-effective financing for charter schools. The direct loan program offers loans for construction, renovation, and startup expenses, while the credit enhancement program helps schools replenish their debt service reserve funds. Qualifying charter schools must meet certain standards set by the authority.

West Virginia SB1017 establishes the Charter School Direct Loan Program and the Charter School Credit Enhancement Program to support public charter.

West Virginia SB1017 establishes two programs to support public charter schools: the Charter School Direct Loan Program and the Charter School Credit Enhancement Program. The West Virginia Economic Development Authority will oversee these programs, aiming to provide efficient and cost-effective financing for charter schools. The direct loan program offers loans for construction, renovation, and startup expenses, while the credit enhancement program helps schools replenish their debt service reserve funds. Qualifying charter schools must meet certain standards set by the authority.