Charter Access Bank Loan Enhancement Program (Charter ABLE)
State Treasurer's Office
Funding Amount
Dependant on number of submissions received, application process, etc.
Deadline
Deadline not published
Grant Type
State
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Eligible organizations
- Nonprofits
- Public agencies
- Nonprofit; Public Agency
Geography
- California
Overview
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: $20,000,000.00
- 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.
How to Apply
Apply here: https://www.treasurer.ca.gov/csfa/charter-able
Focus Areas & Funding Uses
Fields of Work
- Charter schools
- Education
- Capital
Project Locations
- CA
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