Charter FinE Enhancement (Charter FinE) Program

The Charter FinE Enhancement Program provides federally‑funded grant assistance to California charter schools to lower the cost of acquiring, renovating, or constructing permanent facilities. Eligible applicants are nonprofit or public‑agency charter schools operating within the state. The program is funded by a $10 million federal grant and awards are made on an “as‑needed” basis; the number and size of awards are dependent on applications. Funds are delivered as advances and must be used within six months of authority approval, with repayment terms not exceeding the useful life of the financed asset. No letter of intent or matched funding is required. • Eligible recipients: nonprofit or public‑agency charter schools in California • Funding source: $10 M federal grant (CFDA #84.354A) administered by the State Treasurer’s Office • Funding method: advance payments, repayable over the asset’s useful life • No matching fund requirement or LOI required • Application materials available via the grantor’s website; deadline not specified (open‑ended) • Expected award announcement: ongoing (no fixed date)