Charter Access Bank Loan Enhancement Program (Charter ABLE)
State Treasurer's Office
Summary
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.
Eligibility
- Nonprofits
- Local governments
Please refer to https://www.treasurer.ca.gov/csfa/enhancement/regulations/2024/program_regulations.pdf