Project Acceleration Notes and Credit Enhancement Alternatives
🏛 State Treasurer's Office (California)
✓ Free, no account · Source: California Grants Portal · Last verified Sep 1, 2026
Can you apply?
This grant is for charter schools that are high-performing and serve underserved communities. Eligible charter schools must conduct at least 80% of their instructional time on-site. Schools apply during competitive funding rounds announced through the CSFA website and ListServ.
Geographic scope is California only. The State Treasurer's Office administers this facility assistance program. Funds support facility costs and infrastructure needs.
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Program description
The Project Acceleration Notes and Credit Enhancement Alternatives (PANACEA) Program supports short-term interim financing to charter schools that have received a reservation of funds through the Charter School Facilities Program or are awaiting the issuance of long-term debt through the Authority’s Conduit Bond and Note Financing Program.
Who can apply
Eligible applicants
How to apply
Application links
Program contact
- 📧 csfa@treasurer.ca.gov
- 📞 1-213-620-4608
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 |
|---|---|---|---|
| 2022-2023 | 1 | 1 | 100% |
| 2023-2024 | — | — | — |
| 2020-2021 | — | — | — |
| 2021-2022 | 6 | — | 0% |
| 2024-2025 | 1 | 1 | 100% |
| 2025-2026 | — | — | — |
Source: California Grants Portal
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