$100,000 to $20,000,000 for renovations, equipment, energy
efficency, renewable energy, solar energy, technology and more!
Please note this Additional ARRA Bond Program:
The Qualified School Construction
Bond program provides $11 billion face value in tax-free
bonds in both fiscal years 2009 and 2010 to help fund school construction,
rehabilitation, repair, and land acquisition. It is estimated that
the federally-funded bonds will save schools nearly $10 billion
in taxes over the next 10 years. The legislation requires that 40
percent of the bond face value be distributed to the 100 local education
agencies (LEAs) with the most students living in poverty and the
remaining 60 percent to other LEAs based on the distribution of
Title I Part A Basic Education Grants.