This policy report reviews the history of the six-year debate over the federal role in school construction that continues to be centered on the details for various tax credit proposals, including whether or not Davis-Bacon wage requirements would apply to these projects. This also discusses the difficulties charter schools have accessing facilities financing due to their brief operating histories, length of charters, and a high risk factor. This report makes two suggestions: 1) break the link between charter facilities aid and school construction and fund the so called Carper-Gregg initiatives, which authorize federal funds to serve as credit enhancement and to match state charter school facilities funding; and 2) establish State or Regional Infrastructure Banks as a broad federal approach to school construction.
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