York Academy Regional Charter School
Leader: Angela Sugarek
Location: York, PA
Business: Charter School
Purpose of Loan: Building Expansion
Impact: Educational Opportunities
York Academy Regional Charter School opened in 2011 with students in kindergarten, first and second grades from three area school districts (The School District of the City of York, York Suburban and Central York) with dramatically different racial and socio-economic profiles.
In 2014, Finanta allocated New Markets Tax Credits for a 35,000 square foot expansion, allowing enrollment to grow from grades K-3 to K-8 and the creation of more than 80 jobs. For students, it meant new classrooms, a new gym and cafeteria, and unlimited opportunity for learning and growth in this high performing charter school located in the heart of downtown York.
With 690 students and a waiting list, the school continues to grow. Currently, York Academy is in the midst of constructing a new 65,000 square foot high school that is slated to open by the start of the 2018-19 school year.