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.

The Authority is currently completing reviews of 2015-16 SB740 Initial Award calculations. Grantees will receive a Notification of the Initial Apportionment and a Grant Calculator no later than late November 2015.

Regular Rulemaking

The Authority is posting its Notice of Proposed Rulemaking. The Public Comment Period is for 45 days and closes on Tuesday, December 21, 2015. The following documents are posted on the website: The Notice of Proposed Rulemaking, Initial Statement of Reasons, Proposed Regulations, Proposed Application, Repealed Application and Invoice Template:

SB740 2015-16 Application

The Charter School Facility Grant Program (SB740 Program) 2015-16 Application is closed. Charter Schools with an FRPM eligibility of 55%-69.99% will be able to apply for a special funding round in January 2016. The Charter School Facility Grant Program (SB740 Program) 2015-16 Application due June 3, 2015 and Funding Round 2 due October 15, 2015 at 5:00 pm are now closed.


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