Healthcare Expansion Loan Program II (HELP II)
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Sep 13, 2026
Can you apply?
This grant is for high-performing charter schools located in underserved communities. Applicants must be operating charter schools with at least 80% of instructional time delivered at the school's site. Schools must demonstrate strong academic performance and serve disadvantaged student populations. Cost sharing is required as part of the application.
⚖️ Cost sharing / matching required — applicants must contribute their own funds.
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Program description
Eligibility -Must be a health facility as defined in the Authority’s Act (Section 15432(d) of the California Government Code) -Must be a non-profit 501(c)(3) corporation and qualify as a small or rural health facility or public health facility (e.g., district hospital) as defined in the Authority’s Act (Section 15432(e) of the California Government Code) -Small facilities must have annual gross revenues of $30 million or less (no revenue limit for rural facilities or district hospitals) -Must be licensed by the State of California, typically through the Department of Health Care Services, Public Health, or Social Services -Must have been in existence for at least three years, providing the same types of services -Must demonstrate evidence of discal soundness and the ability to meet the terms of the proposed loan -Facility must be certified, organized, maintained and operated for the diagnosis, care, prevention, and treatment of human illness, or physical, mental, or developmental disability, including convalescence and rehabilitation and including during care during and after pregnancy Use of Funds Funds may be used for: -Purchase, construction, renovation, or remodeling of real property -Purchase equipment and furnishings -Perform feasibility studies, site tests, and surveys associated with real property -Pay permit fees, architectural fees, and pre-construction costs -Refinancing existing debt Loan Terms -Minimum loan amount of $25,000 -Maximum loan amount of $1.5 million ($1 million for refinancing existing debt) -Interest rate of 3% (4% for refinancing existing debt) -Maximum loan maturity depends on use of funds. Between 5 years for equipment and furnishings and 20 years for the purchase, construction and renovation of real property (15 years for refinancing existing debt) -Gross revenue pledge, as well as a lien on the equipment or property, is required -Maximum loan-to-value ratio of 95% -Borrowers must contribute a minimum of 5% (in the form of cash or documented project expenditures) toward project costs -Proforma debt service coverage of at least 1.0x Fees -$50 non-refundable application fee -Initial fee of 1.25% of the loan amount payable at closing -No ongoing program fees Required Documentation -Three most recent fiscal years of audited financial statements -Proof of adequate property and business insurance
Who can apply
Eligible applicants
How to apply
Application links
Key dates & requirements
Program contact
- 📧 chffa@treasurer.ca.gov
- 📞 1-916-653-2799
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 |
|---|---|---|---|
| 2023-2024 | 11 | 11 | 100% |
| 2022-2023 | 20 | 11 | 55% |
| 2024-2025 | 7 | 7 | 100% |
| 2025-2026 | 4 | 4 | 100% |
| 2020-2021 | — | — | — |
| 2021-2022 | — | — | — |
Source: California Grants Portal
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