Project Acceleration Notes and Credit Enhancement Alternatives — State Treasurer's Office funding opportunity
State Treasurer's Office · State agency

Project Acceleration Notes and Credit Enhancement Alternatives

Purpose: 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...

82
match
Deadline Rolling Location California Type loan Level State Open
✦ AI Summary
  • Who can apply: State-level applicants (see eligibility for details).
  • Funding amount: total funding pool ~$8,000,000.
  • Deadline: Rolling — applications accepted any time.
  • Issued by: State Treasurer's Office.
How was this generated?

The “key facts” mode pulls structured fields directly from the official source posting (amount, deadline, eligibility tags). The AI mode adds a short plain-English narrative on top, generated from the same source. Always verify with the agency before applying.

AI-generated. Always verify with the official source.

Deadline
Rolling
Total pool
$8M

About this opportunity

Purpose: 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). Description: 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. Eligibility Requirements Eligible Applicants: Nonprofit Public Agency Please refer to the Program Regulations, Section 10200.2 "Applicant Eligibility Criteria", and Section 10200.4 "Application Review and Evaluation Criteria" Eligible Geographies: California Only 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. Term of the Loan Funding Details Total estimated available funding The total projected dollar amount of the grant. $8,000,000 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. $0 – $1,000,000 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: Federal Grant – US Department of Education. (CFDA #84.354A) 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 grant award shall be held in trust by the Authority or an Authority approved financial institution, solely for authorized purposes and shall not be released to Awardees without the Authority’s or trustee’s approval. Awards of a reservation of funds will expire if the Awardee does not use the awarded funds by closing the financing within six months of Authority approval. Exceptions may be granted by the Authority. How to Apply State agencies/departments recommend you read the full grant guidelines before applying. Grant guidelines 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

Funding agency

Tags

Want help applying?

Our specialists will check your eligibility, prepare the application, and walk you through every step — for free. Create a free account →

Who can apply

Purpose: 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). Description: 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. Eligibility Requirements Eligible Applicants: Nonprofit Public Agency Please refer to the Program Regulations, Section 10200.2 "Applicant Eligibility Criteria", and Section 10200.4 "Application Review and Evaluation Criteria" Eligible Geographies: California Only 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. Term of the Loan Funding Details Total estimated available funding The total projected dollar amount of the grant. $8,000,000 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 displ

Geographic eligibility

  • California

How to apply

We don't have application instructions on file yet — head straight to the official source.

Apply on agency site
Tip from our team:

Read the agency's eligibility checklist before you start — it's almost always shorter than the full NOFO and will tell you in 90 seconds whether to keep going.

Need help getting in touch with the right agency contact?

Create a free account and our specialists will guide you through the application end-to-end.

Source documents

View on agency site
Canonical NOFO, application packet, and forms
No supplemental documents yet.

Direct downloads (NOFO PDFs, application forms, FAQs) will appear here once our team attaches them. For now, the agency site has the canonical packet.

Citation details

Source systemca-grants
Source ID1962

Frequently asked questions

No FAQs yet.

Have a question about this fund? Sign in to open a ticket about this fund.