Charter School Facility Grant Program
(Senate Bill 740 Program)
Designed to provide annual assistance with rent and lease expenditures for charter school facilities.
If you have any questions about the SB740 program, please contact CSFA.
The Charter School Facility Grant Program provides annual assistance with facilities rent and lease expenditures to charter schools that meet eligibility criteria. Charter schools are awarded $1,117 per unit of classroom-based Average Daily Attendance (ADA), up to 75% of their annual facilities rent and lease costs for the school.
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 $112 million in 2016-17. In addition to increased funding, CSFA has increased efficiencies for applicants by launching an online application process for the submission of documents for this grant. The online application has been a tremendous success – saving all applicants time and money!