iLearn-Academy-Charter-School-Dededo-Guam-new-construction-STEM-nmtc-funding-building-full-sizeiLearn-Academy-charter-school-Dededo-Guam-new-construction-iLearn-logo
$20 Million in New Markets Tax Credit Funds

iLearn Academy Charter School

iLearn Academy Charter School (ILACS) is one of four charter schools on Guam

iLearn Academy Charter School Community Development Project

iLearn Academy Charter School (ILACS) is one of four charter schools on Guam. iLearn’s mission is to increase students’ Science, Technology, Engineering, and Math (STEM) skills by integrating technology into the curriculum. Currently (2021), iLearn is housed in a temporary school facility, with an enrollment of 740 students for the 2020-2021 school year and approval to increase up to 900 students upon completion of the new campus facilities.

iLearn-Academy-Charter-School-Dededo-Guam-new-construction-STEM-nmtc-funding-boy-speaking

The proposed project consists of a technology-centered educational campus with classrooms and administrative space designed provide the best learning environment possible for the students, teachers and administrators of this trail-blazing school. The ~3.6-acre campus will include 30 classrooms for grades K-5, a large cafeteria/dining facility designed to allow on-site meal preparation with a focus on healthy food initiatives, a full-size (high school-equivalent) gymnasium to accommodate physical education and school-wide assemblies and programs.

Established in 2015, iLearn Academy Charter School became Guam's second charter school. The school provides a rigorous academic curriculum for grades K-5 with a special emphasis in technology and robotics. Through the utilization of technology, students receive a unique and advanced educational experience to help ensure future success.

The realization of iLearn’s plan for a permanent campus is underway with opening scheduled for August 2022. This campus will be the first elementary school built in Guam in more than 10 years and include:

  • Main classroom/administration building that will allow for up to 900 students
  • State-of-the-art classroom technology infrastructure to expand on our ability to deliver the award-winning STEM curriculum and educational opportunities for our students
  • A large cafeteria/dining area designed to promote the delivery of sustainable and healthy food options for our students
  • A large, high-school-equivalent gymnasium that will allow for an unparalleled physical education program, school-wide assemblies and programs as well as space for robotics and other educational competitions.
iLearn-Academy-Charter-School-Dededo-Guam-new-construction-STEM-nmtc-funding-girl-school-project

The full cost of the iLearn Academy Charter School is $32 million, according to the agency's news release, with GHURA entering into a 20-year loan for $12 million dollars with The Learning Institute, a nonprofit organization. Additional funding from GHURA was secured from the Section 108 Loan Guarantee Program from the US Department of Housing and Urban Development’s Community Development Block Grant.

MILLIONS OF DOLLARS. IMMEASURABLE RETURNS.

These are the real success stories of how CBO Financial has been able to help its clients obtain funding for life-changing projects.
ilearn-academy-400x300

iLearn Academy Charter School

Read More
farmington-foods-400x300

FARMINGTON FOODS

Read More
roosevelt-roads-400x300

EASTERN PUERTO RICO PROMISE ZONE: ROOSEVELT ROADS

Read More
jims-local-market-400x300

JIM’S LOCAL MARKET

Read More
ronald-mcdonald-house-ft-worth-tx-400x300

RONALD MCDONALD HOUSE – FT. WORTH, TEXAS

Read More
salvation-army-greater-cleveland-400x300

THE SALVATION ARMY OF GREATER CLEVELAND: “THE CLEVELAND PLAN”

Read More
summer-town-estates-400x300

SUMMER TOWN ESTATES COMMERCIAL CENTER, DEDEDO, GUAM

Read More
salvation-army-ray-joan-kroc-400x300

RAY AND JOAN KROC CENTER, CAMDEN, NEW JERSEY

Read More
coos-bay-museum-400x300

COOS HISTORY MUSEUM, COOS BAY, OREGON

Read More
florece-hidroponia-puerto-rico-400x300

FLORECE HIDROPONIA, MOROVIS, PUERTO RICO

Read More
baker-ripley-house-400x300

NEIGHBORHOOD CENTERS, INC., BAKER-RIPLEY NEIGHBORHOOD CENTER

Read More
harlem-heights-community-center-400x300

HARLEM HEIGHTS CULTURAL ARTS & COMMUNITY CENTER, FORT MYERS, FL

Read More
st-margarets-at-mercy-new-orleans-400x300

ST. MARGARET’S NURSING HOME, NEW ORLEANS, LA

Read More
voagny-bronx-400x300

VOLUNTEERS OF AMERICA, GREATER NEW YORK

Read More
farestart-seattle-400x300

FARESTART CULINARY ACADEMY

Read More
voans-pace-centers-400x300

VOLUNTEERS OF AMERICA NATIONAL SERVICES

Read More
cta-maritime-park-florida-400x300

CTA-CDE

Read More

Does Your Project Qualify for Low-Cost Financing or New Markets Tax Credits?

Reach out to our specialists to discuss how we can work together.
Get a Free Project Analysis

Other Financing Services

CBO Financial can take a leadership role in developing a capital stack for transformative projects in disadvantaged communities or fill a gap for projects that have almost all the capital they need to proceed by being an access point to a variety of federal programs. Expert guidance is provided for strategy development, followed by drafting narrative responses and assembling (or preparing) the myriad documents associated with federal funding applications.

Expert Guidance for Securing Financing

We offer specialized services to secure financing for transformative projects, including:

Project Planning and Financial Modeling

Comprehensive planning and financial modeling for project feasibility and sustainability
Project Planning And Financial Modeling

Financing Request Package Development

Assistance in developing detailed financing request packages
Financing Request Package Development

Structured Financing Solutions

such as tax-exempt bonds and tax-credit financing structures
US Department of Agriculture Programs (USDA)

HISTORIC TAX CREDIT APPLICATION Assistance

CBO Financial can assist and take a leadership role in developing both Part I and Part II federal and state Historic Tax Credit applications.
HISTORIC TAX CREDIT APPLICATION Assistance

RACP APPLICATION PREPARATION Assistance

Redevelopment Assistance Capital Program is intended for regional economic, cultural, civic, recreational, and historical improvement in Pennsylvania.
PENNSYLVANIA RACP APPLICATION PREPARATION

Puerto Rico Financing Programs Assistance

Puerto Rico financing programs offers many community development opportunities for mainland investors and local business owners.
Puerto Rico Financing Programs Assistance

You see challenges. We see possibilities.
Your community sees change.

Established in 1999, CBO Financial is a financial consulting firm that specializes in helping businesses secure funding for development projects in the nation’s most distressed communities. Our experts understand how to present economic, environmental, and societal benefits to public and private organizations so your project receives the funding it needs to move forward quickly and reasonably. A CBO Financial subsidiary, Community Development Funding, LLC, has received six awards under the federal New Markets Tax Credit program totaling $150M. In addition the team has taken a leadership role in securing 18 awards for clients totaling over $400M.
Our Services
community-development-project-funding

The funding is out there

CBO can be your access point for a variety of federal financing and subsidy programs, including those offered by the CDFI Fund, EPA, USDA and other agencies.
Programs
community-development-project-financing

 a Significant Impact

CBO is on a mission to help elevate the lives of people living in distressed communities by providing flexible, below-market gap financing to high-impact projects that cannot otherwise move forward. Does your project qualify for financing?
Team
low-income-community-development-project-financing

Million-dollar stories

The CBO team has funded over $1 billion in projects for local and national nonprofits, for-profit developers, and municipal agencies. Our team can help you find the low-cost financing or new market tax credits needed for your projects.
Projects

Does Your Project Qualify for Low-Cost Financing or New Markets Tax Credits?

Reach out to our specialists to discuss how we can work together.
Get a Free Project Analysis