INDIAN LAND, S.C. — Movement Mortgage is investing $100 million to help build 100 charter schools over the next decade.
Indian Land-based Movement is giving funds to its nonprofit foundation as a dividend.
The proposed schools will focus on underserved areas across the Southeast.
Movement is working with the Charter School Growth Fund, a nonprofit venture capital fund, to identify new markets.
It is already planning to launch a charter school in Atlanta in 2023, said Tim Hurley, executive director for the Movement Foundation.
The team is also eyeing potential opportunities in Houston and Dallas.
Read more here.
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