36 Districts will benefit from targeted school repairs
State Treasurer and Receiver General Steven Grossman, Chairman of the Massachusetts School Building Authority (“MSBA”), and Jack McCarthy, MSBA Executive Director, announced that the MSBA Board of Directors invited 51 schools into the Authority’s Accelerated Repair Program. The main goals of the Accelerated Repair Program are to improve learning environments for children and teachers, reduce energy use and generate cost savings for districts. The program provides funding for the repair or replacement of roofs, windows and boilers in schools that are otherwise structurally, functionally and educationally sound.
“The Accelerated Repair Program allows us to partner with school districts on much-needed repairs that can greatly extend a school’s lifespan,” said Treasurer Grossman. “Besides making the learning environment more comfortable for our schoolchildren, these repairs also make our schools more energy efficient and generate substantial cost savings. It’s a win-win for everyone involved.”
“The MSBA continues to partner with Massachusetts communities in the ongoing work of upgrading their public schools,” Executive Director McCarthy said. “These improvements to building facilities can only enhance students’ ability to excel in the classroom.”
The MSBA partners with Massachusetts communities to support the design and construction of educationally- appropriate, flexible, sustainable and cost-effective public school facilities. Since its creation, the MSBA has made more than $10.5 billion in timely payments to cities, towns and regional school districts for school construction projects. These timely payments have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.
