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Charter School Facilities Program (CSFP)

Grantor:
State Treasurer's Office
Portal ID:
1944
Status:
Active
Opportunity Type:
  • Grant
  • Loan
Last Updated:
 | 
Categories:

Details

Purpose:

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. 

Description:

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.

Eligibility Requirements

Eligible Applicants:

  • Nonprofit
  • Public Agency

Please refer to the Program Regulations, Section 10154. "Financial Soundness Review and Determination."

Important Dates

The date on which the grantor expects to announce the recipient(s) of the grant.
Deadline passed.
The length of time during which the grant money must be utilized.
5 years

Funding Details

The total projected dollar amount of the grant.
$1,400,000,000
A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Dependent
Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Dependent
Certain grants require that the recipient(s) provide a letter of intent.
No
Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
No
The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • State

Funding Source Notes:

Voter Approved Bond Measure (Propositions 47,55,1D, and 51) 

The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Advance(s)

Funding Method Notes:

Funding and award amounts are determined by the Office of Public School Construction (OPSC). 

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.

Resources

For questions about this grant, contact:
1-213-620-4608, csfa@treasurer.ca.gov

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