Project Acceleration Notes and Credit Enhancement Alternatives
State Treasurer's Office
Funding Amount
Between $0.00 and $1,000,000.00
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
Designed to help provide credit enhancement to facilitate the financing of the purchase, construction, and/or renovation of facilities for California public Charter Schools. Funds awarded under the Program will be used in conjunction with funding provided through the Charter School Facilities Program (CSFP) or the Authority’s Conduit Financing Program (Non-CSFP).
The Project Acceleration Notes and Credit Enhancement Alternatives (PANACEA) Program supports short-term interim financing to charter schools that have received a reservation of funds through the Charter School Facilities Program or are awaiting the issuance of long-term debt through the Authority’s Conduit Bond and Note Financing Program.
Details
- Agency: State Treasurer's Office
- Type: Loan
- Funding Source: Federal
- Estimated Available Funds: $8,000,000.00
- Estimated Awards: Dependant on number of submissions received, application process, etc.
- Award Amount: Between $0.00 and $1,000,000.00
- Funding Method: Advance(s)
- Matching Funds: Not Required
- Geography: California Only
How to Apply
Focus Areas & Funding Uses
Fields of Work
- Charter schools
- Education
Project Locations
- CA
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