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Charter Access Bank Loan Enhancement Program (Charter ABLE)

State Treasurer's Office · CA
Response deadline
Date posted
Mar 30, 2021

Description

Purpose: Aimed to assist charter schools lower costs to access facility acquisition, renovation, and construction financing. 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. Eligible Applicants: Please refer to https://www.treasurer.ca.gov/csfa/enhancement/regulations/2024/program_regulations.pdf Eligible Geographies: Funds are available to charter schools operating in the state of California.

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