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.

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 $137 million in 2018-19.

SB740 2020-21 Application

The 2020-21 Online Application was made available April 30, 2020 and will close June 4, 2020 at 5:00 P.M. Late applications will NOT be accepted.

SB740 Regulations

Resources