Chicago, IL (2019)

Perspectives Charter School

Investment

NMTC Amount: 8,500,000

Total Project Cost: 32,488,339

IMPACT

10 FTE jobs

75 construction jobs

CDEs

SCORE allocated $8.5MM of federal NMTC allocation and $8.25MM of IL State NMTC allocation to Perspectives Charter Schools for the acquisition and refurbishment of a new campus building, to enable PCS to increase the number of students it serves, and create quality jobs.

Project Description

SCORE allocated $8.5MM of federal NMTC allocation and $8.25MM of IL State NMTC allocation to Perspectives Charter Schools (PCS) for the acquisition and refurbishment of a new campus building, to enable PCS to increase the number of students it serves, and create quality jobs. The outdated and ill-equipped PCS facility will be replaced with a new, state-of-the-art facility which can accommodate the demand for PCS’s services. The new facility will be equipped with specialized classrooms, computer labs, and science labs so that PCS can provide the resources needed to prepare students to graduate high school and succeed in post-secondary education or start their careers. PCS serves a student base that is 100% minority and 90% low income.

MAP

8522 South Lafayette Avenue, Chicago, IL 60620

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