The Charter School Revolving Loan Fund Program
Details
Purpose:
The Charter School Revolving Loan Fund Program provides low-cost loans of up to $250,000 to charter schools
Description:
The Charter School Revolving Loan Fund (CSRFL) Program provides low-cost loans of up to $250,000 to charter schools, with priority given to schools opening in the current fiscal year. The Authority conducts extensive credit evaluations, makes funding recommendations, executes loan agreements, creates payment schedules, disburses funds, offsets loan payments, collects delinquent or defaulted loans, and develops program fund reconciliations and projections. The Authority sends out a Listserve to announce the opening and closing of the application period.
Eligibility Requirements
Eligible Applicants:
- Nonprofit
- Public Agency
Please refer to the Program Regulations, Section 10170.18. Eligible Applicant.
Eligible Geographies:
Please refer to the Program Regulations, Section 10170.20 (d) . Application Review and Evaluation/Underwriting Criteria.
Important Dates
Funding Details
How to Apply
State agencies/departments recommend you read the full grant guidelines before applying.
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