Charter Access Bank Loan Enhancement Program (Charter ABLE)
Source: California Grants Portal, ID 141402. Listing last updated by the grantor Jun 8, 2026. Rebuilt here Oct 30, 2026.
Who can apply
NonprofitPublic Agency
Please refer to https://www.treasurer.ca.gov/csfa/enhancement/regulations/2024/program_regulations.pdf
Where: Funds are available to charter schools operating in the state of California.
Purpose
Aimed to assist charter schools lower costs to access facility acquisition, renovation, and construction financing.
Description
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.
Important dates
- Opened
- Mar 30, 2021
- Application deadline
- Ongoing
- Expected award announcement
- Ongoing
- Period of performance
- Duration of Bond
Funding details
- Total estimated available
- $20,000,000.00
- Estimated amount per award
- Dependant on number of submissions received, application process, etc.
- Expected number of awards
- Dependant on number of submissions received, application process, etc.
- Letter of intent required
- No
- Matching funds
- Not Required
- Funding source
- Federal
- Funding source notes
- $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.
- Funding method
- Advance(s)
- Funding method notes
- The term of repayment for any financing in conjunction with a program award shall not exceed the useful life of the financed asset. Awarded reservation of funds shall be released and returned to the Authority when the funds are no longer needed for the authorized purposes. Awarded reservations will expire if the charter school does not use the funds within six months of Authority approval.
How to apply
Read the full guidelines on the grantor's site, then apply there. Nothing is submitted through this site.
Submission: url: https://www.treasurer.ca.gov/sites/default/files/csfa/Application.pdf
Questions about this grant: email: [email protected]; tel: 1-213-620-4608;
Similar open grants
- Charter School Facilities Incentive Grants Program · State Treasurer's Office · Rolling
- 2024 Credit Enhancement · State Treasurer's Office · Rolling
- Charter FinE Enhancement (Charter FinE) Program · State Treasurer's Office · Rolling
- CEFA Bond Financing Program · State Treasurer's Office · Rolling
Grants for Nonprofits is an independent directory, not a government agency. Deadlines and amounts come from the grantor via the California Grants Portal; confirm them on the grantor's page before you apply.