STATEMENTS OF INTEREST
The 2015 Statement of Interest (SOI) submission period, opened on January 9, 2015. The 2015 Accelerated Repair Program SOI submission process closed on February 13, 2015. The 2015 Core Program SOI submission process closed on April 10, 2015. The MSBA would like to thank the districts that submitted SOIs for expressing an interest in the MSBA’s program for school building construction, addition/renovation, and repair grants.
During our 2015 submission process, we received a total of 158 SOIs: 61 SOIs, submitted by 29 districts, for consideration in the Accelerated Repair Program and 97 SOIs, submitted by 67 districts, for consideration in the Core Program. The charts shown on this page provide an overview of the SOI submissions for the Core Program by both school and district type.
MSBA staff is currently reviewing the submitted SOIs and working to validate the issues identified by districts in their SOI submissions. During this process, the MSBA may seek to obtain additional or clarifying information from districts. As the MSBA reviews the entire cohort of SOIs that have been received, it will determine the appropriate level of due diligence that will be required for each SOI and will notify districts of next steps accordingly.
If the MSBA invites a district into the Eligibility Period, which requires a vote of the MSBA Board of Directors, the district and the MSBA work collaboratively to determine potential solutions to the issues identified in the SOI. The MSBA works to find solutions that are educationally-sound, fiscally-appropriate, and that fit within the MSBA’s capital funding pipeline.
The MSBA’s grant program is a non-entitlement, competitive program, and grants are distributed by the MSBA Board of Directors based on need and urgency, as expressed by the district and validated by the MSBA. Submitting an SOI is not an invitation into the MSBA's Capital Pipeline; it is the first step in the MSBA's program. Moving forward in the MSBA's process requires further collaboration between the district and the MSBA.
If you have any questions about the SOI process, please contact Diane Sullivan. Diane can also be reached via telephone at 617-720-4466.
To view a list of SOIs submitted to the MSBA by district in 2015, please click here: 2015 SOIs