Nevada Facilities Fund

About EFF’s Nevada Facilities Fund

Launched in 2023 in partnership with the State of Nevada and Opportunity 180, EFF’s Nevada Facilities Fund offers long-term, low-cost facility financing to early-phase, growing, and independent charter school operators that demonstrate tremendous potential to positively impact the students and families they serve. This proven model is designed to accelerate schools’ pathways to long-term financial sustainability and academic success. This fund provides financial stability for schools during critical growth years.

Loans typically save schools over $150,000 per year and support numerous additional quality public seats for under-resourced communities.

The Nevada Facilities Fund (NVFF) offers:

  • 100% Loan-to-Value Financing (no fundraising required)
  • 30-year Loan Terms
  • Below-Market Interest Rates
  • Flexible Prepayment

 

Our Impact in Nevada

$100 Million

Committed by 2028

10

Projects Financed by 2028

7,500

New Quality Seats Supported by 2028

Nevada Facilities Fund Loan Meet

Meet Our Partner

Opportunity 180 is committed to ensuring every kid in Nevada has access to a great school in their neighborhood that puts them on track to be college and career-ready, regardless of their zip code.

More information:
https://www.opportunity180.org/where-to-go/prospective-schools/nevada-facilities-fund-2/

Eligibility

  • Enrollment: Schools seeking to expand their enrollment with strong community demand
  • Financials: Strong projected financials and reasonable project costs
  • Academics: Academic models and instructional practices that are likely to produce excellent outcomes for students
  • Leadership: Leaders with successful track records in promoting educational equity
  • Impact: Outsized impact for students and families in historically marginalized communities