Cash-strapped charter schools vie for federal development funds

For two decades, the Houston charter school started by the Rev. Bill Lawson and his now-late wife, Audrey, has educated students without a space of its own – first renting a spot from Texas Southern University, then moving to St. James’Episcopal Church. Unlike a traditional school district, a charter operator cannot hold a bond referendum to ask local taxpayers to share the burden of repaying debt. Leaders of the cash-strapped charter schools say the grants, designed to foster community development in low- to moderate-income areas, are a boon to them and the surrounding neighborhoods. […] to create a whole secondary

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