New York, NY—(Marketwired, April 26, 2017)—The Community Development Trust (CDT), Raza Development Fund (RDF), and Bank of America Merrill Lynch (BofAML) are collaborating to invest $14 million toward the construction of a new $16.5 million school in partnership with the Classical Charter Schools (CCS) network that serves students in the South Bronx, New York.

"We're incredibly excited about this project because we believe that it is a moral imperative to offer our curriculum to as many deserving but underserved children as possible," said Lester Long, Executive Director of Classical Charter Schools, recognized nationally for educational excellence.

Read the full press release here.