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VOL. 131 | NO. 129 | Wednesday, June 29, 2016

Walton Foundation Launches $250M Charter School Initiative

The Associated Press

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BENTONVILLE, Ark. (AP) – A foundation run by the heirs of Wal-Mart founder Sam Walton has announced a $250 million initiative to support charter schools in 17 cities across the U.S.

The Walton Family Foundation on Tuesday announced its Building Equity Initiative aimed at helping charter schools establish and expand facilities. The foundation says it will initially focus on urban areas but will expand to help public charter schools serve at least 250,000 more students by 2027.

The initiative will help charter schools get financing for facilities by providing low-interest loans through not-for-profit lenders.

Cities that will benefit from the funding are: Atlanta; Boston; Camden, New Jersey; Denver; Houston; Indianapolis; Kansas City, Missouri; Little Rock; Los Angeles; Memphis, Tennessee; New Orleans; New York; Oakland, California; Oklahoma City; San Antonio; Tulsa, Oklahoma; and Washington, D.C.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 41 308 2,265
MORTGAGES 47 379 2,607
FORECLOSURE NOTICES 0 58 491
BUILDING PERMITS 128 1,018 6,068
BANKRUPTCIES 53 255 1,787
BUSINESS LICENSES 26 174 1,159
UTILITY CONNECTIONS 19 95 631
MARRIAGE LICENSES 31 79 374