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2024 Credit Enhancement

🏛 State Treasurer's Office (California)

✓ Free, no account · Source: California Grants Portal · Last verified Sep 5, 2026

⏰ Deadline
Oct 28, 2024 ⚠ passed
💰 Award amount
$1.5M – $2M
📊 Total program funding
$20M
📍 Scope
State
📨 Letter of Intent
No
💵 Disbursement
Advance(s)

Can you apply?

This grant is for licensed vocational nurses actively practicing and licensed in California. Applicants must be willing to commit to 12 months of direct patient care service at an eligible site. The program provides up to $8,000 in loan repayment in exchange for this service obligation.

Eligible sites typically include underserved areas, rural health facilities, and California Health Corps designated locations. Applicants must be current LVN license holders in good standing.

Eligible applicants
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Program description

The federally-funded Charter School Facilities Credit Enhancement Grant Program was created from a $20 million grant awarded in 2023  through the federal “Expanding Opportunity through Quality Charter Schools Program- Credit Enhancement (CE) Program” (ALN#84.354A) grant competition in 2023.  This 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.

Who can apply

Eligible applicants

How to apply

Application links

Key dates & requirements

  • Project period: 12 months

Program contact

Funding track record

Past applications & awards under this program (California Grants Portal) — how competitive it is.

18
applications
13
awarded
72%
award rate
2
years tracked

By fiscal year

Fiscal yearApplicationsAwardedAward rate
2024-2025 9 7 78%
2025-2026 9 6 67%

Source: California Grants Portal

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