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 2020-21.

SB740 2021-22 Application

The Second Application Period for the 2021-22 SB740 Funding Round closed at 5:00PM on Friday, October 15, 2021.

SB740 Regulations

Current Program Regulations

Proposed Permanent Regulation Change for Charter School Facility Grant Program (SB740)

45-Day Public Comment Period (November 12, 2021 – December 27, 2021)

The 45-day written public comment period will run from November 12, 2021 through December 27, 2021. Any interested person, or their authorized representative, may submit written comments pertaining to the proposed regulations. No hearing date has been scheduled; however, any interested person, or their authorized representative, can submit a written request for a public hearing no later than 15 days prior to the close of the written comment period.

Resources