Gates Foundation Strategic Investment Fund Logo
Share this page:

Press Release: Foundation provides $30 million credit support agreement to secure $300 million in Charter School Facility financing

Bill & Melinda Gates Foundation

November 11, 2009

The Bill & Melinda Gates Foundation today announced that it will provide a $30 million credit support agreement to help secure $300 million in tax-exempt bond issuance to further high-quality public charter school expansion in Houston. It represents the first time a private foundation has backed charter school facility bonds at this scale.

Read the full text here.