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PCSD Closes Loans for Charter School Partners
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PCSD closes NMTC loan for Tejano Center
PCSD is thrilled to announce that we have closed New Markets Tax Credit (NMTC) financing for the Tejano Center for Community Concerns to purchase and renovate a site for the Raul Yzaguirre Schools for Success (RYSS) STEM Academy in Pasadena, Texas. RYSS already operates its early education program on a portion of the almost 12 acre site with full classes for pre-kindergarten through 2nd grades and 5th grades to be added for the Fall of 2024. Eventually, the campus will encompass PreK-8th grade with classrooms to accommodate approximately 760 students and other community services.
PCSD also provided some of its $20M credit enhancement award from the Department of Education toward the project. According to PCSD’s Vice President of Project Finance, Tina Lin, “this worthy project was the result of many valued partners like Raza Development Fund, Chase Community Equity, Sunflower Bank and Equitable Facilities Fund coming together to support Tejano Center’s long-serving and important community mission.”
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Exploring Educational Excellence: A Tour of CWC LA Charter Schools
PCSD had an exciting opportunity to tour one of our charter school partners in Los Angeles alongside many of our CDFI lending partners. Our itinerary included stops at three campuses of Citizens of the World Los Angeles (CWC LA): CWC West Valley, CWC Mar Vista, and CWC Silver Lake Middle School.
The tour was an immersive experience delving into the heart of the CWC LA model. Each visit provided us with a comprehensive understanding of the educational ecosystem found within these campuses. From state-of-the-art facilities to innovative teaching methodologies, we witnessed firsthand the dedication to excellence that defines the CWC approach.
Our time at each school was enriched by engaging presentations and enlightening conversations with school principals and students alike. We had the privilege of hearing directly from the individuals who shape and benefit from the educational environment fostered by CWC LA.
However, it was the moments spent listening to the students articulate their personal experiences with CWC that truly resonated with us. Their impassioned testimonials painted a vivid picture of the profound impact that CWC has had on their lives. From fostering a sense of belonging to igniting a passion for learning, it was evident that CWC represents far more than just an educational institution—it’s a community where students thrive and dreams take flight.
As advocates for educational equity and opportunity, our partnership with CWC LA reaffirms our commitment to dismantling systemic barriers and empowering students in under-resourced communities. The insights gained from this tour will undoubtedly inform our ongoing efforts to support and uplift the next generation of leaders.
Our tour of CWC LA charter schools was not just a journey through hallways and classrooms; it was a profound exploration of educational excellence and the transformative power of inclusive education. We extend our heartfelt gratitude to CWC LA for opening their doors to us and their lending partners and for the invaluable work they do every day to inspire and empower students. Together, we will continue to strive towards a future where every child has access to quality education and the opportunity to reach their full potential.
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PCSD: $13.5M for Texas Fund Raised
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Kahlmus Eatman Joins Pahara Fellow Cohort
We’re thrilled to announce that our COO, Kahlmus Eatman, has been accepted into the prestigious Pahara Institute Fellowship!
As a Pahara Fellow, Kahlmus joins a distinguished cohort of leaders committed to advancing educational equity and enhancing public education. The Pahara Fellowship is a one-year, cohort-based program that identifies exceptional leaders in the educational excellence and equity movement, facilitates their dynamic growth, and strengthens their collective efforts to dramatically improve public education, especially those serving low-income children and communities. The Fellowship provides an invaluable opportunity for educational leaders to collaborate, learn from each other, and address the challenges facing public education, all with the aim of creating better outcomes for students and families.
Learn more about the Pahara Fellowship and the cohort.
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