Charter School Facilities Credit Enhancement Grant Program

State Treasurer's Office · No deadline supplied

Buyer
State Treasurer's Office
Deadline
No deadline supplied
Posted
Jul 1, 2009
Location
Funds are available to charter schools operating in the state of California. · United States
Category
Education & training
Type
Grant; Loan
Notice ID
CA Portal 1941
Source
California Grants Portal

Description

The federally-funded Charter School Facilities Credit Enhancement Grant Program provides grants to fully or partially fund debt service reserve accounts on bond transactions issued through the Authority. The grant is intended to reduce the overall cost of borrowing for charter schools as it eliminates the need to fund the reserve through bond proceeds. Designed to fund debt service reserves for the financing of acquisition, renovation, or construction of charter school facilities, or the refinancing of existing charter school facility debt.

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