Charter School Revolving Loan Fund Program (CSRLFP)
Designed to provide low-interest loans of up to $250,000 to new charter schools.
If you have any questions about the Charter School Revolving Loan Fund program, please contact CSFA.
The Charter School Revolving Loan Fund is a program that provides low-interest loans of up to $250,000 to new charter schools to assist them with meeting the purposes of the school’s approved charter. The program is available to any charter school that is not a conversion of an existing public school, and that has not yet completed the full term of its initial charter.
Since the California School Finance Authority (CSFA) took over administration of the program in 2013, nearly $2.25 million of previously defaulted loan funds have been recovered, and new regulations implemented have led to a low 4% default rate on loans underwritten by CSFA.
The California School Finance Authority’s 2019-20 application period for the Charter School Revolving Loan Fund Program is expected to open mid-December. Please find the Program Regulations, Frequently Asked Questions, and our latest webinar at the links below. If you would like more information regarding this program, please email email@example.com. To be included in our ListServ, use the link to the left to sign up and receive information from CSFA.