You do not have permission to edit this page, for the following reason:
The action you have requested is limited to users in one of the groups: newuser, fileuploaders, CargoAdmin.
Free text:
The '''Historically Black College and University Capital Financing Advisory Board''' assists in managing the HBCU Capital Financing Program, which provides low-cost capital to finance improvements to the physical infrastructure of HBCUs. The board offers strategic advice on how to best utilize federal funds to support these institutions' growth and sustainability. {{Official URL (simple)|url=https://www2.ed.gov/programs/hbcucapfinance/resources.html}} ==Mission== The board's mission is to ensure HBCUs can access necessary financial resources for capital projects, thereby enhancing the educational environment, supporting institutional development, and ensuring long-term viability. It advises on financing strategies, program administration, and the prioritization of projects that contribute to the mission of these institutions.<ref>U.S. Department of Education. "Historically Black College and University Capital Financing Program - Advisory Board". U.S. Department of Education, https://www2.ed.gov/programs/hbcucapfinance/resources.html (accessed February 10, 2025).</ref> ==Parent organization== This advisory board operates under the U.S. Department of Education, specifically within the Office of Postsecondary Education. ==Legislation== The board was established by the Higher Education Act of 1965, with its role defined under Title III, Part D, which authorizes the HBCU Capital Financing Program.<ref>U.S. Department of Education. "Higher Education Act of 1965, as amended". U.S. Department of Education, https://www2.ed.gov/policy/highered/leg/hea08/index.html (accessed February 10, 2025).</ref> ==Partners== * HBCUs participating in the financing program * Designated Bonding Authority (DBA) responsible for issuing bonds * Federal agencies involved in educational funding * Financial institutions and stakeholders in educational development<ref>U.S. Department of Education. "Historically Black College and University Capital Financing Program - Advisory Board". U.S. Department of Education, https://www2.ed.gov/programs/hbcucapfinance/resources.html (accessed February 10, 2025).</ref> ==Number of employees== The board consists of 15 members, appointed by the Secretary of Education, including HBCU presidents, educational leaders, and relevant stakeholders. ==Organization structure== Members are selected to represent various aspects of HBCU administration, finance, and strategic development. ===Leader=== The board is led by a Chair, appointed to oversee meetings and lead advisory efforts. ===Divisions=== There are no formal divisions, but the board might organize into: * Subcommittees for specific focus areas like project evaluation, financing strategy, or regulatory compliance. ==List of programs== * Advising on the implementation of the HBCU Capital Financing Program * Recommendations on loan terms, project prioritization, and financial management * Oversight and evaluation of program effectiveness and outcomes ==Last total enacted budget== The budget for the board's operations is not publicly specified; it's part of the broader funding for the HBCU Capital Financing Program. ==Staff== The board does not have dedicated staff; it is supported by Department of Education personnel. ==Funding== Funding for the board's activities is included in the allocations for the HBCU Capital Financing Program under the Department of Education. ==Services provided== The board provides strategic advice on how to best distribute and manage capital financing to support infrastructure projects at HBCUs, ensuring these institutions can offer quality educational environments. ==Regulations overseen== While not directly overseeing regulations, the board's recommendations influence how the HBCU Capital Financing Program operates, potentially affecting regulations related to loan terms, project eligibility, and financial oversight. ==Headquarters address== 400 Maryland Avenue SW, Washington, DC 20202, United States ==History== Since its establishment by the Higher Education Act, the board has played a crucial role in the development and enhancement of HBCU campuses, advocating for and guiding financial resources to where they are most needed for physical infrastructure improvements.<ref>U.S. Department of Education. "Historically Black College and University Capital Financing Program - Advisory Board". U.S. Department of Education, https://www2.ed.gov/programs/hbcucapfinance/resources.html (accessed February 10, 2025).</ref> ==External links== * [https://www2.ed.gov/programs/hbcucapfinance/resources.html Official Advisory Board Resources] * [[wikipedia:Historically Black College and University Capital Financing Program]] ==References== <references />