Also by Reinvestment Fund
Success Story

East Harlem Tutorial Program & Scholars Academy Charter School


Founded in 1958, East Harlem Tutorial Program (EHTP) began as a children’s reading group and has grown into a multi-site after-school program for traditional public school students focused on significantly increasing the college graduation rate in East Harlem. East Harlem remains one of the highest poverty neighborhoods in New York City where 33% of residents did not complete high school. To date, more than 15,000 students have participated in EHTP’s after-school programs.

In 2011, EHTP opened East Harlem Scholars Academy Charter School, a K-8 school enrolling 500 students, which expanded to serve a second cohort of 500 students in 2012. Locating permanent, affordable space is the single most critical issue facing New York city charter schools. Currently, Scholars Academy shares space in a former public school that also leases to three district schools. The leased site lacks the capacity for Scholars Academy to grow to full enrollment.

Reinvestment Fund financing is helping EHTP acquire and construct a 50,000 square foot facility. This will provide a permanent home for 500 students, enabling the school to expand to serve 1,000 students across both locations. The new facility will also allow EHTP’s after-school and summer programming to expand from 509 to 775 students.

Of the $23.5 million of NMTCs allocated to this project, Reinvestment Fund provided $12 million; JPMorgan Chase and Civic Builders brought $2 million and $9.5 million respectively. Reinvestment Fund also provided $5.6 million of the $10.55 million leverage loan. The new facility will include a gym, stage, space for physical therapy and occupational therapy, library, an outdoor classroom and special rooms including art, music, science and robotics. The building is expected to have green features and design elements.