A r c h i v e d I n f o r m a t i o n
School Renovations Through Loans and Grants
The President's School Renovation program would provide $1.3 billion to help local school districts renovate their buildings. A 1995 GAO report found about 28 million students attended 60% of the Nation's schools that reported having one or more building features, such as roofs, plumbing, and heating and cooling systems, needing to be extensively repaired, overhauled, or replaced. Forty-five percent of these schools had multiple features in need of repair.
Projects Eligible Under the School Renovation Program
The President's School Renovation program is part of a larger school modernization package. The School Renovation program is designed to assist local school districts with emergency renovation projects such as repairs to roofs, heating or cooling systems, plumbing or electrical systems. These repairs can help make schools safer and more energy efficient, as well as improve access to technology. The proposed School Modernization Bonds are intended to complement this new proposal and to support school districts with major renovation projects, such as adding a new wing or the construction of new school buildings.
The School Renovation Program Benefits: Loans and Grants
The School Renovation program would provide interest-free federal loans and grants to needy school districts to fund urgent renovations.
Targets Funds to Those Most in Need
Of the $1.3 billion under this School Renovation Program, funds will be distributed as follows:
Return to OESE Archived InformationLast Updated -- April 3, 2000 (mhm)