Charter finance enhancement (charter fine)
Active Project Grant Awarded Last action
- Award ID
- S354A210014
- Recipient
-
California School Finance Authority UEI GYGERQAPNNW9
- Awarding agency
-
Office of Elementary and Secondary Education
Department of Education
- Obligated
- $10,000,000
Award facts
- Assistance listing
- 84.354 Credit Enhancement for Charter School Facilities
- Completion date 21% complete
- Place of performance
- Los Angeles, CA 90013, USA
Award details come from USAspending.gov.
About this award
The California School Finance Authority was awarded a $10 million Project Grant from the U.S. Department of Education's Office of Elementary and Secondary Education under the Credit Enhancement for Charter School Facilities (CFDA 84.354) federal grant program.
The grant will provide credit enhancement initiatives to assist charter schools in California in leveraging private sector capital to acquire, construct, renovate, or lease academic facilities. Specifically, the funding will be used to enhance charter school financing and leverage additional funds through mechanisms like loan guarantees, debt reserves, and bond insurance for facility projects. The grant performance period extends from September 2021 through September 2046.
Quick answers
Who received award S354A210014?
S354A210014 was awarded to California School Finance Authority by Office of Elementary and Secondary Education (Department of Education) on September 10, 2021.
How much is award S354A210014 worth?
$10,000,000 has been obligated on S354A210014.
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