2024 Credit Enhancement

State Treasurer's Office · No deadline supplied

Buyer
State Treasurer's Office
Deadline
No deadline supplied
Posted
Oct 1, 2024
Location
Funds are available to charter schools operating in the state of California. · United States
Category
Education & training
Type
Grant
Notice ID
CA Portal 175863
Source
California Grants Portal

Description

The program is to award grants to eligible entities that help charter schools address the cost of acquiring, constructing and renovating facilities by enhancing the accessibility and availability of loans and bond financing. The program provides grants to eligible entities to permit them to enhance the credit of charter schools so they can access private-sector and other non-Federal capital in order to acquire, construct and renovate facilities. The federally-funded Charter School Facilities Credit Enhancement Grant Program was created from a $20 million grant awarded in 2023 through the federal “Expanding Opportunity through Quality Charter Schools Program- Credit Enhancement (CE) Program” (ALN#84.354A) grant competition in 2023. This program provides grants to fully or partially fund debt service reserve accounts on bond transactions issued through the Authority. The grant is intended

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