Bancroft-Rosalie School has been approved for a QZAB Bond allocation of $220,000. The money is a no interest Bond that is repaid over a 30 year period.
The bond money can only be used for renovations, not new construction.
The school qualified for the no-interest bond based on the student poverty level and the number of schools in the state that applied for a share of the $2.0 million dollars allocated by the federal government.
