California School Finance Authority

Charter School Facility Grant Program (Senate Bill (SB) 740 Program)

SB740 Program Overview

The Charter School Facility Grant Program provides annual assistance with facilities rent and lease expenditures to charter schools that meet eligibility criteria. Successful applicants must meet a variety of requirements, including having at least 55% of their students enrolled at the charter school eligible for Free or Reduced-Price Meals (FRPM) or being located in an elementary school attendance area where at least 55% of students enrolled are eligible FRPM. The charter school also must give a preference in admissions to students who reside in the elementary school attendance area. Charter schools are awarded $750 per unit of classroom-based Average Daily Attendance (ADA), up to 75% of their annual facilities rent and lease costs for the school.

  • For the 2014-15 Funding Round if additional funds remain after state and federal funds have been allocated to applicants that meet the 70% FRPM eligibility, the Authority shall expand eligibility to additional charter schools by reducing the FRPM threshold one percentage point at a time, but in no case below 60.0%, until all remaining funds are allocated. If oversubscribed for any given percentage below 70%, eligible applicants in that percentile shall be funded on a pro rata basis.

The Authority is currently completing final reviews of 2014-15 SB740 Final Award calculations. Grantees will receive a Notification of Final True-up Apportionment and a Grant Calculator no later than mid-September 2015. Beginning in late September 2015, the Authority will begin reviewing 2015-16 SB740 Initial Apportionment awards and notifying award recipients shortly thereafter.

SB740 2015-16 Application

The Charter School Facility Grant Program (SB740 Program) 2015-16 Application is open to new Charter Schools beginning operation in fiscal year 2015-16 and schools moving from an ineligible facility to an eligible facility must apply by October 15, 2015 5:00 pm. The Charter School Facility Grant Program (SB740 Program) 2015-16 Application due June 3, 2015 at 5:00 pm is now closed.


Emergency Rulemaking

Please see the Five-Day Notice regarding the proposed emergency regulations, the Finding of Emergency, the text of the proposed emergency regulations, application and Invoice Template:

2014-15 Invoice Template Submission

Schools participating in the 2014-15 SB740 Program may submit final costs for remodeling buildings, deferred maintenance, remodeling etc., by completing an Invoice Template Wizard and submitting supporting documentation. Invoice reports and documentation are to be emailed to the Authority no later than May 1, 2015.

SB740 2014-15 Round 2 Application

The 2014-15 Round 2 Application due June 25, 2015 at 5:00 pm is now closed.

2014-2015 Funding Round

2013-2014 Funding Round

2012-2013 Funding Round

2011-2012 Funding Round