Rock Hill charter school uses $26.3 million in JEDA Bonds for educational facilities

The South Carolina Jobs-Economic Development Authority (JEDA) has facilitated $26,270,000 in Educational Facilities Revenue Bonds for Riverwalk Academy, a public charter school in Rock Hill.

The new financing will refund the Series 2021 JEDA bonds used to close on the acquisition of the facility the school has occupied at 5750 Mount Gallant Road since its founding in 2014 and will finance improvements for Riverwalk Academy’s middle and high school additions.

Riverwalk Academy now serves 750 students from kindergarten through 12^th grade.

“We’re honored to be called upon to assist JEDA and Riverwalk Academy in the complex and critical process of creating and issuing tax-exempt bonds,” said Alan Linkous, Bond Counsel with Howell Linkous & Nettles in Charleston.

“We’re excited to once more leverage JEDA bonds to continue to build our capacity to serve young learners here in York County.” Dr. Robert Compton, Head of School at Riverwalk Academy

“Riverwalk Academy is located in the heart of one of the Palmetto State’s fastest-growing communities. JEDA is happy to again assist the school meet the growing needs for K-12 education,” said Jesse A. Smith, Executive Director of JEDA in Columbia.