Details | Senate Bill 740 Charter School Facility Grant Program


Funder

 

California State Treasurer

Implementer

 

California School Finance Authority

Description

 

The Charter School Facility Grant Program provides annual assistance with facilities rent and lease expenditures to charter schools that meet eligibility criteria. Charter schools are awarded $750 per unit of classroom-based Average Daily Attendance (ADA), up to 75% of their annual facilities rent and lease costs for the school. CSFA administration of the Charter School Facility Grant Program has resulted in an increase of funding to charter schools from $47 million in 2011-12 to $112 million in 2016-17. In addition to increased funding, CSFA has increased efficiencies for applicants by launching an on-line application process for the submission of documents for this grant. The on-line application has been a tremendous success savings all applicants time and money!

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Grant

Category

 

Funding

Territory

 

California

Applicant type

 

Non Profit

Project

 

Real Estate and Asset Purchases

Sector

 

Commercial

Sub-sector

 

Education

Sustainability

 

Air quality and health

Additional website

 

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

Incentive