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"Charter School Facilities Credit Enhancement Grant Program" is currently closed and not accepting applications.
Charter School Facilities Credit Enhancement Grant Program is sponsored by California State Treasurer's Office. Offers grants to fully or partially fund debt service reserve accounts on bond transactions issued through the Authority, reducing borrowing costs for charter schools.
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Charter School Facilities Credit Enhancement Grant Program | State of California Office of the State Treasurer California School Finance Authority Charter School Facilities Credit Enhancement Grant Program (ALN#84.
354A) Designed to fund debt service reserves for the financing of acquisition, renovation, or construction of charter school facilities, or the refinancing of existing charter school facility debt The federally-funded Charter School Facilities Credit Enhancement Grant Program was created from an $8.
3 million grant awarded through the federal “Expanding Quality Charter Schools Program – Grants for Credit Enhancement for Charter School Facilities” (CFDA ALN#84. 354A) grant competition in 2011. CSFA was awarded an additional $20 million in 2023.
This program provides grants to fully or partially fund debt service reserve accounts on bond transactions issued through the Authority. The grant is intended to reduce the overall cost of borrowing for charter schools as it eliminates the need to fund the reserve through bond proceeds.
Eligible Use of Program Funds - Eligible Use of Program Funds Facility Financing Challenges for Charter Schools Unlike traditional public schools, charter schools typically do not receive funding from their local school districts to purchase, lease, or improve facilities.
Securing financing can be problematic for new charter schools because they often lack assets to pledge and operating histories that lenders can rely on to evaluate a loan application. As a result, charter schools frequently operate in temporary space that is poorly suited to their educational mission. The program is intended to absorb some of the risks of making loans to charter schools for their facility needs.
Good Standing Letter Form CSFA1119 Katrina Johantgen at (213) 620-4608 Daniel Madrid at (213) 620-2207 Robert Biegler at (213) 620-6540 If you have any questions about the Charter School Facilities Credit Enhancement Grant program, please contact CSFA.
According to the current listing, eligibility includes: Nonprofit organizations and public agencies. Confirm the full requirements in the official notice before applying.
The published deadline was August 31, 2025, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Charter School Facilities Credit Enhancement Grant Program is funded by California State Treasurer's Office. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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