Ballard Spahr served as bond counsel in the issuance of $34.6 million in tax-exempt bonds that will enable the Odyssey Charter School to expand into a K-12 campus. The school opened in 2006 and currently serves students from kindergarten to 7th grade.

“Tax-exempt financing is a critical resource for charter schools,” said Ballard Spahr partner Emilie Ninan. “Unlike traditional public schools, charter schools in Delaware don’t receive separate government funding for construction or other capital needs. We’re pleased that we could help craft a creative financing method that will support education innovation in Delaware.”

Ms. Ninan oversees the firm’s Delaware public finance practice and is the managing partner in its Wilmington office.


Related Practices

Public Finance
Real Estate