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Project Acceleration Notes and Credit Enhancement Alternatives

OPENS JULY 1, 2017 CLOSES TBD
Award range
~$8.0M total
Expected awards
Total funding
$8.0M
CFDA #
Instrument
Loan
Category
Education

Description

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.

Eligibility

Nonprofit; Public Agency Please refer to the Program Regulations, Section 10200.2 "Applicant Eligibility Criteria", and Section 10200.4 "Application Review and Evaluation Criteria" California Only