News Story

At Equitable Facilities Fund (EFF), we’ve set out to transform the lending landscape by making it easier and less expensive for high-performing charter schools to access low-cost, long-term facility financing.** Today, we are pleased to announce the closing of a loan to Itineris Early College High School in West Jordan, Utah! To date, EFF has committed over $164 million to excellent schools across the country.**

Founded in 2004, Itineris serves a diverse population of 372 students in grades 10 to 12. The school prioritizes STEM education and post-secondary success by offering a curriculum that enables students to earn up to two years of college credit. Itineris graduates have outperformed state and national ACT composite averages every year since 2005-06, and the high school is consistently recognized as one of the best in Utah.  

About the EFF & Itineris Partnership
EFF’s team provided Itineris with a 30-year, fixed-rate loan to refinance bonds used to construct a new, permanent school facility. Our unwavering commitment to deliver value to schools will save Itineris an estimated $1.9 million over the life of the loan, re-directing valuable resources to the school's high-impact classrooms. 
 
We are proud to partner with schools across America, like Itineris, that are providing opportunities for students to access a high-quality education. EFF provides financing for a variety of project types to schools that have track records of academic and operational success. You can learn more about our fund and mission by visiting www.eqfund.org (for schools and advocates) or www.esrfinvestors.org (for investors).