The Charter School Revolving Loan Fund Program
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Jul 10, 2026
Can you apply?
This grant is for California charter schools seeking to finance facility projects. Eligible applicants must be chartered public schools operating in California. The program funds debt service reserves for acquisition, renovation, construction, or refinancing of charter school facilities. Geographic scope is limited to California.
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Program description
The Charter School Revolving Loan Fund (CSRFL) Program provides low-cost loans of up to $250,000 to charter schools, with priority given to schools opening in the current fiscal year. The Authority conducts extensive credit evaluations, makes funding recommendations, executes loan agreements, creates payment schedules, disburses funds, offsets loan payments, collects delinquent or defaulted loans, and develops program fund reconciliations and projections. The Authority sends out a Listserve to announce the opening and closing of the application period.
Who can apply
Eligible applicants
How to apply
Application links
Required documents
- Proof of charter authorization
- Facility project plans and cost estimates
- Financial statements and debt projections
- Credit enhancement proposal
- School operational documentation
Program contact
- 📧 csfa@treasurer.ca.gov
- 📞 1-916-651-7710
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2021-2022 | 5 | — | 0% |
| 2020-2021 | 20 | — | 0% |
| 2022-2023 | 7 | 5 | 71% |
| 2023-2024 | 6 | 5 | 83% |
| 2024-2025 | 7 | 3 | 43% |
| 2025-2026 | 29 | 2 | 7% |
Source: California Grants Portal
FAQ
Who can apply for this grant?
California-chartered public schools are eligible applicants. The school must be seeking to finance facilities.
What types of facility projects are funded?
The program covers acquisition, renovation, construction, and refinancing of existing charter school facility debt.
Is there a cost-sharing requirement?
No cost-sharing is required for this grant.
When can I apply?
The program operates on a rolling basis with no specific application deadline noted.
What is the typical funding amount?
Award amounts are not specified; review the program guidelines for details on funding ranges.
💡 Tips for applicants
- Contact the California State Treasurer's Office directly for current application procedures and deadlines. Program details may not be fully available online.
- Prepare detailed facility plans and financial projections showing how debt service reserves will strengthen your project.
- Include evidence of the school's financial stability and ability to service any remaining debt obligations.
- Document the charter school's authorization and operational status from the authorizing district or county office.
- Work with a financial advisor familiar with charter school facilities financing to strengthen your application.
⚠️ Common mistakes
Insufficient documentation of facility project scope and financial need. Failure to demonstrate how credit enhancement directly supports charter school operations. Missing evidence of the school's charter authorization and legal standing.
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