Charter Access Bank Loan Enhancement Program (Charter ABLE)

About this funding opportunity

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

The federally-funded Charter Access to Bank Loan Enhancement (Charter ABLE) Program was created from an $20 million grant awarded through the federal “Expanding Quality Charter Schools Program, Grants for Credit Enhancement for Charter School Facilities” (CFDA #84.354A) grant competition in 2019. This program enhances financing to charter schools to lower costs associated with financings for permanent charter school facilities.

Topic areas: Education and Training.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• NGOs
• Public Authorities

Eligibility

Please refer to https://www.treasurer.ca.gov/csfa/enhancement/regulations/2024/program_regulations.pdf Funds are available to charter schools operating in the state of California.

Agency

Charter Access Bank Loan Enhancement Program (Charter ABLE) is administered by State Treasurer's Office (STO), listed via State Treasurer's Office.