California School Finance Authority

Charter School Facilities Credit Enhancement Grant Program

Credit Enhancement Grant Program Overview

The U.S. Department of Education has awarded a grant of $8.3 million to the California School Finance Authority (Authority) pursuant to the Credit Enhancement for Charter School Facilities Program (CFDA #84.354A). Program funds may provide credit enhancement to support the acquisition, renovation or construction of charter school facilities, or the refinancing of existing charter school facility debt.