Foreign investors seeking a direct route to the United States of America via the EB-5 immigrant investor program are offered a unique opportunity to invest as little as US$500,000* in a first-rate American Public Charter School project. The investment will take the form of a secured loan made to Building Hope, a D.C. based non-profit corporation that focuses on helping develop public charter schools across the United States. Once built, the project will be managed and operated by West Orange Montessori Charter School, Inc.
In the form of a subsidy per student, West Orange Montessori Charter School, Inc. will receive a source of steady income from local and state governments to cover for the school operating costs. As they do for all public schools across the state, the government will remain responsible of overseeing the financial and academic performance of the school.
Description and Location of the School
Winter Garden Montessori Charter School is being built to accommodate a new charter school (Pre K-8). The project will commence construction in late 2017 for a project delivery in August 2018. The school is located at 1610 North Lakewood Avenue in Ocoee, Florida. After completion, the school will accommodate up to 850 students (550 new students and 300 relocated).
* Plus management and legal fees
Project Financials Overview:
Total estimated cost:
11.3 Million US$
Amount invested by the developer:
4.3 Million US$ (38%)
Loan from investors:
7 Million US$ (62%)
Number of investors:
Amount: 500,000 US$
Management Fees: 45,000 US$ (excluding Legal fees & Application fees)
Construction Date: 2017-06-19
Construction Date: 2017-07-20
Construction Date: 2017-08-22
Construction Date: 2017-09-21
Construction Date: 2017-10-24
Construction Date: 2017-11-20