Carolina Voyager Charter School Finances New Facility With $15.1 Million in JEDA Bonds
Charleston, SC — Charleston County
Carolina Voyager Charter School is using $15,115,000 in Educational Facilities Revenue Bonds through the South Carolina Jobs-Economic Development Authority (JEDA) for permanent financing of the school’s new facility in Charleston’s West Ashley neighborhood.
The public charter school serves about 414 students in grades K-8 and moved into its 53,000-square-foot building after its completion in August 2024. Carolina Voyager also earned investment-grade status from Moody’s Investors Service, one of the first public charter schools in the state to do so.
“We now have the ideal space for providing our students with a well-rounded, technology-based education that will prepare them for their exciting futures. JEDA bond financing was a key piece of this project.”
Whitney Quick, Board Chair for Carolina Voyager
“Assisting Carolina Voyager in securing the lowest cost financing available to the school has been a great pleasure. Plus, having the opportunity to work with an investment grade-related charter school was a rare honor,” said Alan Linkous, Bond Counsel with Howell Linkous & Nettles in Charleston.
“JEDA is honored to have been asked to serve as issuer for this South Carolina charter school project. In a changing interest rate environment, locking in secured financing is very important,” said Jesse A. Smith, Executive Director of JEDA in Columbia.
