New Loan Closing: Compass Rose Education
Expanding access to high-quality education across Texas
Compass Rose Education (CRE) is a network of tuition-free, public charter schools that combine academic success with personal growth so that K-12 students across Texas can navigate life’s big opportunities. Its rigorous, college-preparation-focused curriculum has enabled its student population, nearly 90% of which are from low-income households and 90% of which are students of color, to academically outperform those from the school district in almost all state tests. NFF and BlueHub Capital are each providing CRE with $3.6 million in refinancing a loan which supported the renovation of a building that holds CRE’s first San Antonio campus and 850 students. Together with a previous $1.1 million loan to CRE and a $1.4 million loan to CRE’s developer and landlord Building Hope, NFF has invested about $6 million into CRE’s efforts to bring high-quality education to students across Texas.
Partners: BlueHub Capital