Charter schools bought two IPS buildings for a dollar each. What happened next?
The $1 law has caused controversy in Indianapolis, yet its led to just two building sales to charters. Only one still houses a school.
Source: wfyi.org
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Charter schools that bought buildings for $1 spent millions on renovations
Despite spending virtually nothing to buy the buildings, charters say they needed major upgrades to be fit for students. They later sold the facilities, but no profits went to IPS.
Source: chalkbeat.org