Charter Access Bank Loan Enhancement Program (Charter ABLE)
State Treasurer's Office
Funding Amount
Dependant on number of submissions received, application process, etc.
Deadline
Rolling / Open
Grant Type
state
Overview
Charter Access Bank Loan Enhancement Program (Charter ABLE)
Aimed to assist charter schools lower costs to access facility acquisition, renovation, and construction financing.
The federally-funded Charter Access to Bank Loan Enhancement (Charter ABLE) Program was created from an $20 million grant awarded through the federal “Expanding Quality Charter Schools Program – Grants for Credit Enhancement for Charter School Facilities” (CFDA #84.354A) grant competition in 2019. This program enhances financing to charter schools to lower costs associated with financings for permanent charter school facilities.
Details
- Agency: State Treasurer's Office
- Type: Loan
- Funding Source: Federal
- Estimated Available Funds: $20,000,000
- Estimated Awards: Dependant on number of submissions received, application process, etc.
- Award Amount: Dependant on number of submissions received, application process, etc.
- Funding Method: Advance(s)
- Matching Funds: Not Required
- Geography: Funds are available to charter schools operating in the state of California.
Categories
Education
Eligible Applicants
Nonprofit; Public Agency
Eligibility
Eligible Applicant Types
How to Apply
Focus Areas & Funding Uses
Fields of Work
Project Locations
Categories
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