How much funding does Charter Access Bank Loan Enhancement Program (Charter ABLE) provide?

Charter Access Bank Loan Enhancement Program (Charter ABLE) provides Dependant on number of submissions received, application process, etc. in funding.

When is the deadline for Charter Access Bank Loan Enhancement Program (Charter ABLE)?

This grant has a rolling deadline or the deadline has not been announced.

Charter Access Bank Loan Enhancement Program (Charter ABLE)

State Treasurer's Office

State Grants for Nonprofits Grants for Charter Schools

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.