Charter School Facilities Credit Enhancement Grant Program

Purpose: 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. Description: 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. Eligibility Requirements Eligible Applicants: Nonprofit Public Agency Please refer to https://www.treasurer.ca.gov/csfa/enhancement/use.asp Eligible Geographies: Funds are available to charter schools operating in the state of California. Important Dates Expected award announcement The date on which the grantor expects to announce the recipient(s) of the grant. Ongoing Period of performance The length of time during which the grant money must be utilized. Duration of Bond Funding Details Total estimated available funding The total projected dollar amount of the grant. $8,300,000 Expected number of awards A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display. Dependent Estimated amount per award Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display. Dependent Letter of Intent Required? Certain grants require that the recipient(s) provide a letter of intent. No Requires Matched Funding? Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source. No Funding Source: The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number. Federal Funding Source Notes: U.S. Department of Education’s Charter School Facilities Credit Enhancement Grant Program.• $8.3 million awarded in 2009 Funding Method: The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly). Advance(s) Funding Method Notes: The term of repayment for any financing in conjunction with a program award shall not exceed the useful life of the financed asset. Awarded reservation of funds shall be released and returned to the Authority when the funds are no longer needed for the authorized purposes. Awarded reservations will expire if the charter school does not use the funds within six months of Authority approval. How to Apply State agencies/departments recommend you read the full grant guidelines before applying. Grant guidelines Online application Resources Grantor’s site Subscribe to grant updates Planned events For questions about this grant, contact: 1-213-620-4608, [email protected] Similar to This Grant Disadvantaged Communities Department of Fish and Wildlife California National Archery in the Schools Program 2026 (CalNASP) Equipment Grant 5 days ago More Details about California National Archery in the Schools Program 2026 (CalNASP) Equipment Grant Disadvantaged Communities Workforce Development Board High Road to Construction Careers 2026 (HRCC 2026) Grant Program 1 week ago More Details about High Road to Construction Careers 2026 (HRCC 2026) Grant Program Consumer Protection Department of Financial Protection and Innovation CalMoneySmart 2026-2028 Grant Program 4 weeks ago More Details about CalMoneySmart 2026-2028 Grant Program Education CA Arts Council Arts and Youth 1 month ago More Details about Arts and Youth

Purpose: 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. Description: 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. Eligibility Requirements Eligible Applicants: Nonprofit Public Agency Please refer to https://www.treasurer.ca.gov/csfa/enhancement/use.asp Eligible Geographies: Funds are available to charter schools operating in the state of California. Important Dates Expected award announcement The date on which the grantor expects to announce the recipient(s) of the grant. Ongoing Period of performance The length of time during which the grant money must be utilized. Duration of Bond Funding Details Total estimated available funding The total projected dollar amount of the grant. $8,300,000 Expected number of awards A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display. Dependent Estimated amount per award Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display. Dependent Letter of Intent Required? Certain grants require that the recipient(s) provide a letter of intent. No Requires Matched Funding? Certain grants require that the recipient(s