Blockchain Registration Transaction Record

NYC Regional Center Funds $15M Bronx Charter School Renovation

NYC Regional Center provides $15M New Market Tax Credit financing for Charter School for Law and Social Justice in the Bronx, supporting education and community development.

This investment matters because it addresses critical educational disparities in underserved communities while stimulating local economic development. The Charter School for Law and Social Justice specifically targets the school-to-prison pipeline by providing at-risk youth with legal education and social justice awareness, potentially reducing future incarceration rates. The New Market Tax Credit program has proven highly effective, generating $8 in private investment for every $1 of federal funding, creating jobs and revitalizing neighborhoods. For Bronx residents, this means improved educational opportunities, enhanced childcare services, and long-term community development that can break cycles of poverty. The project also demonstrates how targeted public-private partnerships can address systemic inequalities while creating sustainable infrastructure that benefits generations of students and families.