Education Fund of America introduced Charter School Investment Fund EB-5 program in 2015 and is looking forward to the opportunity to working with agents who are looking for quality EB-5 projects. We are the first EB-5 resource center with a 100% focus on U.S. public charter school projects. We also welcome you to contact us for more information.
The Fund structure allows more than one charter school in it and thus for its investors to realize the benefit of having the jobs created while not being reliant on the success of any one school for job creation or for the repayment of their investment…>>Read more
EFA’s Fund structure was developed under the guidance of David Hirson, Esq., EFA’s immigration attorney and one of the most noted and successful immigration attorneys specializing in EB-5. Attorney Hirson used this innovative structure with another EB-5 project and the USCIS did grant I-526 approvals for it. www.hirsonimmigration.com
· Safer Job Creation
The diversified Fund of quality public charter schools provides that the excess jobs created from all the schools can be used by any of the investors. As a result, if any one of the schools does not achieve its job creation requirement on time, excess jobs from all the other schools can be used by the investors to make up the difference.
Almost every financial advisor will counsel investors to never put all their money into one investment. In other words, “don’t put all your eggs into one basket”. This is very important advice with EB-5 because the failure of a single EB-5 project to create the needed jobs can have very dire ramifications on the entire family. As a result, we created a fund with more than one charter school in each fund.
· More Predictable Loan Repayment
Charter schools are approved and licensed by the government and also funded by the government. Charter schools qualify for government authorized tax exempt bonds after two to three years of operations.
The Kaufman Foundation study (“Debunking the Real Estate Risk of Charter Schools”) showed that on average 399 out of more than 400 charter schools payed off all their facility financing. This is a 99.76% success rate.
· Experienced finance company and developer
As we already mentioned, Education Fund of America is led by a team of investment experts that have over the last 25 years provided over $5.5 billion in loans to real estate based businesses located throughout all 50 states in the United States. Our EFA team has been helping charter schools for more than five years. By the end of 2015, we will have provided funds to 20+ charter schools with over $60,000,000 in EB-5 capital. Total student enrollment at these EFA funded exceeds 15,000 children.
Our development partner, American Charter Development (“ACD”) has been developing state government funded public charter schools since 2003 and has successfully completed more than 50 charter schools ranging from $3 million to $20 million in cost. Its track record includes one of the largest charter schools to open in the United States, American Leadership Academy – Spanish Fork, Utah …>>Read more