El Sol Science and Arts Academy of Santa Ana
About the project
Founded in 2000, El Sol Science and Arts Academy of Santa Ana educates students from Kindergarten to 8th grade. El Sol’s mission is to provide a rigorous academic environment that prepares students for entrance into the high school of their choice. At the same time, El Sol seeks to create a culture of kindness, creativity, courage, and honesty that encourages students to be leaders. Academically, the school provides a program which results in its students matching or outperforming students at the district and state levels.
El Sol is located in Santa Ana, CA.
LISC provided a $5.50 million loan to El Sol Science and Arts Academy to refinance existing New Markets Tax Credit financing, which financed the construction of El Sol’s permanent classroom facility. At the time of closing, 80% of students qualified for free and reduced-price lunch.
Partner:
El Sol Science and Arts Academy of Santa Ana
Location:
Santa Ana, CA
Total Investment:
$5.50 million
Results:
987 children served
64,000 sq. ft.
Project Category:
Access to Essential Services
Sub-Category:
Education
Product:
Refinancing Debt
Website:
UN SDGs:
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