The Massachusetts School Building Authority Announces $2.1 Million Grant Approval for Three Schools in North Andover Under Green Repair Program
The MSBA grants for North Andover total $2,138,761
The Board of Directors of the Massachusetts School Building Authority (“MSBA”), Chaired by State Treasurer Steven Grossman, has approved grants of $2,138,761 for three schools in North Andover under the Green Repair Program. The MSBA Board approved the following grants:
- $599,079 for new windows at Atkinson Elementary School
- $1,191,942 for a new roof at North Andover Middle School
- $347,740 for a new roof at the Annie L. Sargent Elementary School
The main goals of the Green Repair Program are to improve learning environments for children and teachers, reduce energy use, and generate cost savings for districts. The program will repair or replace roofs, windows, and/or boilers in schools that are otherwise structurally, functionally, and educationally sound. The one-time-only program has a limited budget of $300 million and grants will be awarded on a competitive basis.
“The Green Repair Program allows us to make much-needed repairs to more schools in less time,” said Treasurer Grossman. “In addition to improving the learning environment for our children, the green repairs also make our schools more energy efficient and generate significant cost savings. It's a win-win program for everyone.”
“The MSBA has invited over 185 school repair projects into our Green Repair Program,” stated MSBA Executive Director Katherine Craven. “Thousands of children will be the direct beneficiaries of an improved learning environment as a result of this program.”
The MSBA strives to find the right-sized, most fiscally-responsible, and educationally-appropriate solutions to create safe and sound learning environments. In its six year history, the MSBA has made more than $8 billion in reimbursements to cities, towns, and regional school districts for school construction projects. These timely payments have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities in these difficult economic times.