California School Finance Authority

Project Acceleration Notes and Credit Enhancement Alternatives (PANACEA)

Designed to Help Charter Schools Accelerate Facility

Contact Information

If you have any questions about the Project Acceleration Notes and Credit Enhancement Alternatives, please contact CSFA.

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Project Acceleration Notes and Credit Enhancement Alternatives Overview

The Project Acceleration Notes and Credit Enhancement Alternatives (PANACEA) Program supports short-term interim financing to charter schools that have received a reservation of funds through the Charter School Facilities Program or are awaiting the issuance of long-term debt through the Authority’s Conduit Bond and Note Financing Program. The $8 million dollar grant was secured through the federal “Expanding Quality Charter Schools Program – Grants for Credit Enhancement for Charter School Facilities” (CFDA #84.354) grant competition.

PANACEA Regulations and Forms

For more information, please contact the CSFA Executive Director: Katrina Johantgen at (213) 620-4608 or Program Analyst: Ryan Storey at (213) 620-6360.