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grant 141396

Charter FinE Program — Lower-Cost Facilities Financing for Charter Schools

A federally funded program created with a $10 million Expanding Quality Charter Schools grant to help charter schools access lower-cost financing for facility acquisition, renovation, and construction. Charter FinE provides credit enhancement to reduce borrowing costs for permanent charter school facilities. The description notes the program was established from the 2023 grant award.

Purpose:

Aimed to assist charter schools lower costs to access facility acquisition, renovation, and construction financing.

Description:

The federally-funded Charter Finance Enhancement (Charter FinE) Program was created from an $10 million…

Awards & funding

Total Funding: $10M

Eligibility

Nonprofit
Public Agency

NonprofitPublic Agency

Please refer to https://www.treasurer.ca.gov/csfa/fine/Charter-FinE-Regs.pdf

Eligible Geographies: Funds are available to charter schools operating in the State of California.

Supporting links

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