A Bright Future in Memphis, TN

Underserved children in Memphis, Tenn., are being educated in a new school thanks to HOPE and our partners. The Aspire East Academy expansion was a $6 million project financed by Boston Community Capital, HOPE and Nonprofit Finance Fund. The new permanent campus will enable the school to grow to serve 450 students. Aspire Public Schools offers a rigorous college preparatory curriculum to its students, nearly all of whom are children of color. HOPE’s financing was provided through its Charter School Facilities Fund, which is designed to enhance the facilities of high quality charter schools in parts of Arkansas, Louisiana, Mississippi, Tennessee and Alabama. The fund is facilitating the investment of at least $70 million over five years in the acquisition, rehabilitation and new construction of charter school facilities.