The Capital Preparatory Harlem Charter School is set to open in Fall 2016.

Creating this school is a dream come true for me.

I want to impact the lives of young people in my community, and build future leaders.

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Credit: Trae Patton/NBC/NBCU Photo Bank via Getty Images

The first step is offering access to a quality education, the rapper said in a statement.

Every young person should have the tools they need to succeed.

All our children should be able to pursue their dreams.

That is something I can impact with this school.

The school will be located at 1 East 104th Street in New York City.

For further details, visitWeAreCapitalPrep.org.