The Rural School and Community Trust and the AASA, the School Superintendents Association, say the partnership will allow the two groups to expand their reach and play off each other's strengths.
Mayor James Kenney says a local board to govern the city's public schools would be appointed, making him ultimately accountable for the success or failure of the district.
The Dallas school district, which had more than 4,000 homeless students last school year, is turning one of its unused school buildings into housing for high school students who live in parks, cars, and abandoned buildings.
Many of the new students attended charter schools that have since closed or the former Education Achievement Authority, the former state-run system, according to the Detroit Free-Press.
The school principals, who all lead Blue Ribbon Schools, will be honored in Washington, D.C., in November.
The "Students at the Center Challenge," which was announced Monday, will award planning grants of up to $150,000 each to 10 communities to support "student-centered" learning systems.
The award was announced at the annual gathering of the Council of the Great City Schools, which this year featured Bill Gates, Microsoft founder and co-chair of the Gates Foundation, as the keynote speaker. Gates announced about $1.7 billion in investment in K-12 education over the next five years.
Akil Ross, principal of Chapin High School for the last seven years, got the top honor from the National Association of Secondary School Principals.
The Eagles defensive end will donate his salary for the remaining 10 games this season to groups in Boston, St. Louis, and Philadelphia that support "educational equity and opportunity."
The name change comes as leaders of the school district in Mississippi's capital city, where more than 95 percent of students are African-American, are reconsidering Confederacy-linked names on three campuses.