Charter School Facilities Incentive Grants Program

Charter School Facilities Incentive Grants Program

The State Charter School Incentive Grant Program funds are applied toward a charter school’s annual costs of rent, lease, mortgage, debt service, or Proposition 39 pro-rata payments for facilities, or towards the costs of purchase, design, construction, and/or renovation of a new or existing facility.

In 2004, 2009, and 2014, the United States Department of Education approved grant awards to the Authority pursuant to the State Charter School Incentive Grant Program (Program), authorized under Title V, Part B, Subpart 1 of the Elementary and Secondary Education Act, as amended by the No Child Left Behind Act of 2001. The California School Finance Authority was recently awarded a $30 million grant award in Fall 2024. Per the Authority’s application to the Department of Education, the Authority is proposing three more funding rounds of the Program starting for the 2025-26 school year.

Details

• Agency: State Treasurer's Office
• Type: Grant
• Funding Source: Federal
• Estimated Available Funds: $30,000,000
• 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