Latest News and Comment from Education

Friday, May 7, 2010

Schools Matter: New Market Tax Credits, or How to Shake the "Public" Education Money Tree

Schools Matter: New Market Tax Credits, or How to Shake the "Public" Education Money Tree

New Market Tax Credits, or How to Shake the "Public" Education Money Tree

Be sure not to miss Juan Gonzalez's excellent reporting on the use of New Market Tax Credits by charter school construction companies (DemocracyNow! and Daily News).

And, since I just can't resist leaving this out, it should be noted that Dennis Bakke and his crew of cronies at theImagine Schools teamed up with Citi Community Capital to bring a new school to the DC area using NMTCs. Cha-ching!

Green Dot and KIPP took advantage of NMTCs in California, but the company they used, ExED, is merely a non-