Charter School Facility Grant Program – (SB740)

The Charter School Facility Grant Program provides annual financial assistance to charter schools that serve a high percentage of low‑income students or are located in public elementary school boundaries with similar demographics. Funding is allocated by the California School Finance Authority and is intended to offset ongoing facility costs. Eligible applicants are nonprofit organizations and public agencies; there are no geographic restrictions beyond the state. The program offers up to $137.3 million in total funding each fiscal year, disbursed in three installments, with no matching or letter‑of‑intent requirements. Applications are submitted online via the CSFA portal, and the grant operates on an annual fiscal‑year performance period. • Purpose: offset on‑going charter school facility expenses • Eligible applicants: nonprofit and public agency charter schools • Funding amount: $137,272,000 total (per‑award amount dependent) • Disbursement: three advances/reimbursements per fiscal year (Oct 31, Mar, end‑FY) • No matched funding or LOI required • Annual performance period (1 year) • Application via online portal; open date listed as 7/1/13 (indicative of program start)