Through the passage of Propositions 47, 55, 1D, and most recently, 51, $1.4 billion has been made available to charter schools for construction of new facilities or rehabilitation of existing school district facilities. CSFP provides low-cost financing for charter school facilities; 50% grant, 50% loan.
Through the passage of Propositions 47, 55, 1D, and most recently, 51, $1.4 billion has been made available to charter schools for construction of new facilities or rehabilitation of existing school district facilities. CSFP provides low-cost financing for charter school facilities; 50% grant, 50% loan.
Through the passage of Propositions 47, 55, 1D, and most recently, 51, $1.4 billion has been made available to charter schools for construction of new facilities or rehabilitation of existing school district facilities. CSFP provides low-cost financing for charter school facilities; 50% grant, 50% loan. This money is used to finance the construction of new, permanent school facilities or rehabilitation of existing school district facilities for charter schools throughout the state. CSFP is jointly administered by the California School Finance Authority (CSFA) and the Office of Public School Construction (OPSC). CSFA directs the financial soundness review process for the CSFP and provides certification of financial soundness for purposes of Preliminary, Advance, and Final Apportionments.
Type: Grant; Loan Award: not published as a fixed amount; depends on the applications received Total available: $1,400,000,000.00 Matching funds: Not Required Funding method: Advance(s) Funding source: State Deadline: Ongoing Award period: 5 years Source: California Grants Portal record 1944, published by the State of California.
Our reading of the listing: for-profit businesses are not eligible for this one.
Eligible applicant types: Nonprofit; Public Agency
Please refer to the Program Regulations, Section 10154. "Financial Soundness Review and Determination."
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