2024 Credit Enhancement
Unofficial — verify with the issuing agency before applying.
View & apply on Grants.gov →Open to nonprofits and public agencies operating charter schools, administered by the California State Treasurer's Office. Uses a $20 million federal Credit Enhancement grant to fully or partially …
- Deadline
- Not specified
- Posted
- Oct 1, 2024
- Award amount
- Amount not specified
- Focus areas
- Education
In plain English
Open to nonprofits and public agencies operating charter schools, administered by the California State Treasurer's Office. Uses a $20 million federal Credit Enhancement grant to fully or partially fund debt service reserve accounts on charter school bond transactions, lowering borrowing costs. No specific per-applicant award amount or deadline is listed, and eligibility is narrowly limited to charter school bond financing.
AI-generated summary to help you decide quickly — verify the official eligibility rules before applying.
Who can apply
Nonprofit; Public Agency
About this grant
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 to reduce the overall cost of borrowing for charter schools as it eliminates the need to fund the reserve through bond proceeds.
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Also listed under California State Grants and Education Grants.
Source: public records via Grants.gov. UseGrants is an independent aggregator, not affiliated with any funding agency. Always confirm details on the official listing before applying.