College Track Program
Loan Amount: $8.7 million
Project: Construction of a new College Track learning facility in Bayview-Hunter's Point
College Track is an after-school, college preparatory program founded in Oakland in 1997. College Track opened its first San Francisco location in 2007, which currently serves 200 students in the Bayview Hunters Point, Visitacion Valley/Sunnydale, and Mission/Exelsior neighborhoods.
Through its center-based approach and core service areas, College Track ensures that each student is college ready and provides support that many students do not have in their homes or at their schools. Together, these components make a powerful, comprehensive program that empowers students to achieve their dream of a college education. More than 90 percent of College Track attendees are admitted to four-year universities, and 70 percent of those matriculating students graduate within six years. More than 85 percent of these young adults will be the first in their families to complete a college education.
College Track is a safe haven, a place that promotes creativity and is interested in the whole student,” said Brittnee Gauthier, College Track alumna and Assistant to the Site Director in San Francisco.
Over the past three years, College Track embarked on an aggressive capital campaign to raise funds for a new facility in San Francisco's Bayview Hunters Point neighborhood. The San Francisco Community Investment Fund (SFCIF) provided $8.7 million in New Markets Tax Credit (NMTC) allocations to the College Track project, which includes the renovation of an existing 10,000 square foot building on Third Street in San Francisco, as well as the construction of a 3,500 square foot mezzanine on the building.
Within five years, the new College Track facility will serve 450-500 high students about 1/3 of all youth in the Bayview-Hunters Point neighborhood. The new facility will include computer labs, classroom space, and rooms for tutoring and homework assistance. The new facility will be in an ideal location and serve as a hub for the community. College Track hopes to build relationships with other community organizations in the area in order to reach more students and encourage greater parent and community involvement. The new facility will host a variety of events for all students in the area including “College Night” and information on scholarships and financial aid. College Track's new facility will be a catalyst for change in the neighborhood and will open in September 2012.