MSBA Announces $6.9 Million Approval for Addition/Renovation at Dunphy Elementary School in Williamsburg

January 25, 2012

Massachusetts School Building Authority Announces $6.9 Million Approval for an Addition/Renovation at the Anne T. Dunphy Elementary School

MSBA Board votes to contribute up to $6,924,167 for the addition at the school

State Treasurer Steven Grossman, Chairman of the Massachusetts School Building Authority (“MSBA”), and Jack McCarthy, MSBA Executive Director, today announced that the MSBA Board of Directors voted to approve up to $6,924,167 in funding for an addition and renovation project at the Anne T. Dunphy Elementary School in the Town of Williamsburg. One of the next steps is for the Town of Williamsburg and the MSBA to enter into a Project Funding Agreement which will detail the project’s scope and budget and set forth the terms and conditions under which the District will receive its grant from the MSBA. 

The proposed project includes a grade reconfiguration that combines the District’s K-6 population into a single 37,859 square foot facility, serving an agreed-upon design enrollment of 270 students.  The newly renovated and expanded Dunphy Elementary School will serve the District’s Pre-Kindergarten population as well as the Kindergarten through 2nd grade students currently housed at the adjacent James Elementary School.  The MSBA will contribute up to 61.86% of eligible costs for a total grant of up to $6,924,167 towards the project.

“This $6.9 million in funding will fuel school construction that will directly benefit countless Williamsburg students,” said Treasurer Grossman.  “Through open channels of communication with town officials, we’ve been able to develop an efficient and affordable school building proposal that best meets the educational needs of the community and its children.”
 
“The addition and renovation project will undoubtedly enhance and improve the student’s ability to excel in the classroom while allowing more efficient use of the existing school facilities,” stated Jack McCarthy, MSBA Executive Director.

The MSBA strives to find the right-sized, most fiscally-responsible, and educationally-appropriate solutions to create safe and sound learning environments.  In its seven year history, the MSBA has made more than $8 billion in reimbursements to cities, towns, and regional school districts for school construction projects.  These timely payments have saved municipalities more than $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities in these difficult economic times.