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MassDevelopment Issues $1.6M Bond For Dorchester Charter School

Jan 31, 2013 | Reprints | Unlock Link | Print

MassDevelopment has issued a $1.6 million bond on behalf of Dorchester Collegiate Academy Charter School (DCA), a Boston public charter school that serves 150 students in fourth through seventh grades.

DCA will use bond proceeds to renovate its entrance, first floor, basement, flooring, HVAC, interior reconfiguration, and plumbing and electrical systems. These improvements will help the school continue to add one grade each year until eighth grade. Boston Private Bank & Trust Company purchased the bond.

"Through this bond, the Dorchester Collegiate Academy Charter School can provide holistic education, including intellectual rigor and character development, for more Boston children," MassDevelopment President and CEO Marty Jones said in a statement.

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