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Charter Access Bank Loan Enhancement Program (Charter ABLE)

OPENS MARCH 30, 2021 CLOSES TBD
Award range
~$20.0M total
Expected awards
Total funding
$20.0M
CFDA #
Instrument
Loan
Category
Education

Description

The federally-funded Charter Access to Bank Loan Enhancement (Charter ABLE) Program was created from an $20 million grant awarded through the federal “Expanding Quality Charter Schools Program – Grants for Credit Enhancement for Charter School Facilities” (CFDA #84.354A) grant competition in 2019. This program enhances financing to charter schools to lower costs associated with financings for permanent charter school facilities.

Eligibility

Nonprofit; Public Agency Please refer to https://www.treasurer.ca.gov/csfa/enhancement/regulations/2024/program_regulations.pdf Funds are available to charter schools operating in the state of California.