2017 Program Participants
December 2017
Academy of Math & Science
On December 7, 2018 the Public School Credit Enhancement Eligibility Board awarded funding to the Academies of Math and Science to refiance existing debt.
Fund Certificate #7 - Academy of Math and Science
November 2017
BASIS Schools, Inc.
On November 2, 2017 the Public School Credit Enhancement Eligibility Board awarded funding for new construction, expansion, and improvements to BASIS Schools, Inc.
Fund Certificate #6 - BASIS, Inc.
October 2017
Arizona Agribusiness & Equine Center
On October 18, 2017, the Public School Credit Enhancement Eligibility Board awarded expansion and new construction funding to Arizona Agribusiness & Equine Center.
Fund Certificate #5 - AAEC
GreatHearts
On October 18, 2017, the Public School Credit Enhancement Eligibility Board awarded funding for aquisition, renovation, and expansion new facilities to GreatHearts.
Fund Certifcate #4 - GreatHearts
American Leadership Academy
**On October 18, 2017, the Public School Credit Enhancement Eligibility Board awarded acquisition funding to American Leadership Academy.
**This project was cancelled
August 2017
BASIS Schools, Inc.
On August 3, 2017, the Public School Credit Enhancement Eligibility Board awarded expansion and new construction awards to BASIS Schools, Inc.
**On November 2, 2017 BASIS Schools, Inc. submitted a new application for credit enhancement that eliminates two previously-approved projects and increases the requested amount for six previously-approved projects by $11 million.
Fund Certificate #3 - BASIS Schools, Inc.
June 2017
Great Hearts Academies
On June 1, 2017 the Public School Credit Enhancement Eligibility Board awarded expansion awards to Great Hearts Academies.
The Board awarded Great Hearts Academies $16 million to expand Maryvale Preparatory Academy and $19.9 million to expand the Veritas Campus. New enrollment is projected to increase by 1,000 students
Fund Certificate #2 - Great Hearts Arizona
April 2017
Academy of Math and Science (AMS)
On April 25, 2017 the Public School Credit Enhancement Eligibility Board issued expansion awards to the Academy of Math and Science (AMS) and the Arizona Agribusiness and Equine Center.
AMS was awarded $24.8 million for two projects. New enrollment is projected to increase by 600 students at AMS Camelback and 250 students at MASSA in South Tucson.
Arizona Agribusiness and Equine Center (AAEC)
AAEC was awarded $17 million for construction of a new campus in Mesa, which is projected to increase enrollment capacity by 260 and for the expansionof its current campus at Estrella ountain, expected to add 300 students.
**In the August 2017 meeting the Board approved an extension of the AAEC guarantee enhancement for 60 days (until October 25). AAEC was not able to get an updated appraisal and program rules require an appraisal to be dated no sooner than 30 days prior to closing. This necessitated the AAEC withdrawing their original application and submitting a new updated application in October 2017.