Grant · State & Local
2024 Credit Enhancement
California - State Treasurer's Office CA
- Status Open, no deadline listed
- Amount Amount not listed
- Set-aside None (open competition)
Scope
Eligible applicants: Nonprofit; Public Agency.
Estimated available funds: $20,000,000.00.
The federally-funded Charter School Facilities Credit Enhancement Grant Program was created from a $20 million grant awarded in 2023 through the federal “Expanding Opportunity through Quality Charter Schools Program- Credit Enhancement (CE) Program” (ALN#84.354A) grant competition in 2023.
This program provides grants to fully or partially fund debt service reserve accounts on bond transactions issued through the Authority.
The grant is intended to reduce the overall cost of borrowing for charter schools as it eliminates the need to fund the reserve through bond proceeds.
Timeline
-
Posted
Oct 1, 2024
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Status
Open now
How to apply for this
This is a grant, not a contract. You are not submitting a priced bid against competitors; you are applying for funding against the eligibility rules the grant program sets. Read the eligibility requirements on the official listing closely before you spend time on an application, since grants are commonly restricted to specific kinds of organizations (state or local governments, universities, nonprofits) rather than open to any small business.
- Confirm your organization is actually eligible before applying. Eligibility is stated on the official listing linked above.
- Read the full notice of funding opportunity, including the application requirements and any required forms.
- Prepare and submit your application through the method the official listing describes, before the deadline.
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