Charter School Facility Grant Program – (SB740)

The Charter School Facility Grant Program provides annual grants to offset annual on-going facility costs for charter schools that service a high-percentage of students eligible for free or reduced-price meals or located in a public elementary school boundary serving a similar demographic. The program is administered by the California School Finance Authority (CSFA) and has a total estimated available funding of $137,272,000. Eligible applicants include nonprofit and public agencies. The grant's appropriation is determined by the California Department of Finance in the annual Budget Act. The funding method includes advances and reimbursements, with awards disbursed in three apportionments each fiscal year. • Eligible applicants: Nonprofit, Public Agency • Eligible geographies: None • Funding source: State • Funding method: Advances & Reimbursement(s) • Letter of Intent Required: No • Requires Matched Funding: No