KIPP Academy Lynn (KAL) believes that engaged students are strong students, capable of attaining a college education. That’s why KAL offers 50% more than the required classroom time to student and ten experiential learning class trips per academic year. With hopes to expand the school from 5th to 12th grade, KAL looked for financing at terms that fit its unique needs. BlueHub Capital, known then as Boston Community Capital, was the right fit for the tailored financing that KAL sought.

With additional assistance of a $26 million New Markets Tax Credits financing package provided by MassDevelopment, the KIPP Academy Lynn Charter School built a 68,000-square-foot middle and high school to replace its current, leased facility. The project is expected to create more than 40 jobs. The
new building, which will serve 750 students at full capacity, will include 36 classrooms; 16 specialty rooms; a gymnasium with locker rooms and storage; a cafeteria; a library media center; athletic fields; and outdoor recreational space.

“Our new building will be a beacon for the community and will also give our kids more of the tools they need to be successful on their paths to and through college,” said Josh Zoia, KIPP Massachusetts Executive Director.