ROLLING Moderate ~100h typical effort

Charter School Facilities Credit Enhancement Grant Program

🏛 State Treasurer's Office (California)

✓ Free, no account · Source: California Grants Portal · Last verified Sep 12, 2026

⏰ Deadline
Jun 30, 2021 ⚠ passed
📊 Total program funding
$8.3M
📍 Scope
State
📨 Letter of Intent
No
💵 Disbursement
Advance(s)

Can you apply?

This grant is for charter schools seeking low-cost financing for construction or renovation of school facilities throughout California. Eligible organizations must be charter schools operating in California and meet financial soundness requirements set by the California School Finance Authority. The program provides 50% grant funding and 50% loan financing for new permanent facilities or rehabilitation of existing school district facilities. Projects may be eligible for Preliminary, Advance, or Final Apportionments if they meet CSFA financial certification standards.

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Program 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.

Who can apply

Eligible applicants

How to apply

Application links

Required documents

  • Financial documentation for soundness certification
  • Detailed project plans and scope
  • Construction/rehabilitation cost estimates
  • School budget and repayment capacity analysis
  • Facility needs assessment

Program contact

Funding track record

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

4
applications
3
awarded
75%
award rate
6
years tracked

By fiscal year

Fiscal yearApplicationsAwardedAward rate
2022-2023 1 1 100%
2023-2024 1 1 100%
2020-2021
2021-2022 1 0%
2024-2025 1 1 100%
2025-2026

Source: California Grants Portal

FAQ

Who is eligible to apply for CSFP?

Charter schools in California operating legally and meeting CSFA financial soundness requirements are eligible. Your school must be able to pass financial review.

What can CSFP funds be used for?

Funds support construction of new school facilities or rehabilitation of existing school district facilities. Both permanent buildings and major renovations are eligible uses.

What is the funding structure?

CSFP provides 50% grant funding and 50% low-cost loan financing. You receive combined grant and loan support for your project.

How do I apply?

Contact the California School Finance Authority or Office of Public School Construction. Expect to provide financial documentation and project plans for review.

When are applications due?

The program operates on a rolling basis. There is no single deadline; you can submit when your project is ready.

💡 Tips for applicants

  • Start financial documentation early. CSFA requires thorough financial soundness certification before approval.
  • Define your project scope clearly. Provide detailed plans showing whether you're building new or rehabilitating existing facilities.
  • Connect with CSFA or OPSC staff early for guidance. They can clarify requirements specific to your school's situation.
  • Prepare a realistic project budget and timeline. Lenders want confidence your school can manage the loan repayment.
  • Understand the 50/50 split. Plan how your school will use both grant and loan portions effectively.

⚠️ Common mistakes

Weak financial documentation leads to failed certification reviews. Applications lacking clear project scope or realistic budgets rarely advance. Schools underestimating repayment obligations struggle with loan component acceptance.

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