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Charter School Facilities Credit Enhancement Grant Program

State Treasurer's Office

Funding Amount

Dependant on number of submissions received, application process, etc.

Deadline

Rolling / Open

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

The federally-funded Charter School Facilities Credit Enhancement Grant 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.

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.

Details

  • Agency: State Treasurer's Office
  • Type: Grant; Loan
  • Funding Source: Federal
  • Estimated Available Funds: $8,300,000
  • 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.

How to Apply

Focus Areas & Funding Uses

Fields of Work

  • Charter schools
  • Education

Project Locations

  • CA

Categories

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