California School Finance Authority

Charter School Facility Grant Program
(Senate Bill 740 Program)

Designed to provide annual assistance with rent and lease expenditures for charter school facilities.

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The Charter School Facility Grant (SB740) 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 (FRPM) or located in a public elementary school boundary serving a similar demographic. This program, previously administered by the California Department of Education, was transferred to the Authority in 2013-14. CSFA’s administration of the Charter School Facility Grant Program has resulted in an increase of funding to charter schools from $47 million in 2011-12 to $184 million in 2022-23.

SB740 2023-24 Application

The 2023-24 Funding Round Second Application period portal is now open and will close on Sunday, October 15, 2023 at 5:00PM PST.

SB740 2022-23 Other Facility Costs

The 2022-23 Other Facility Costs submission will close on Tuesday, August 15, 2023. Only eligible schools have been contacted.

SB740 Regulations

Current Program Regulations

Proposed Emergency Regulation Change for Charter School Facility Grant Program (SB740)
5-Day Posting Period (May 9, 2023 – May 15, 2023)

The 5-day posting period will run from May 9, 2023 through May 15, 2023. Any interested person, or their authorized representative, may submit written comments pertaining to the proposed regulations once submitted to the Office of Administrative Law (OAL). The associated OAL website is linked here.

Resources