California School Finance Authority

Charter School Facility Grant Program
(Senate Bill 740 Program)

Designed to provide annual assistance with rent and lease expenditures for charter school facilities.

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If you have any questions about the SB740 program, please contact CSFA.

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The Charter School Facility Grant Program provides annual assistance with facilities rent and lease expenditures to charter schools that meet eligibility criteria. Charter schools are awarded $750 per unit of classroom-based Average Daily Attendance (ADA), up to 75% of their annual facilities rent and lease costs for the school.

CSFA’s administration of the Charter School Facility Grant Program has resulted in an increase of funding to charter schools from $47 million in 2011-12 to $112 million in 2016-17. In addition to increased funding, CSFA has increased efficiencies for applicants by launching an on-line application process for the submission of documents for this grant. The on-line application has been a tremendous success – savings all applicants time and money!

SB740 Proposed Permanent Regulation

Pursuant to Government Code, Section 11346.4, CSFA is providing Notice of its proposed rulemaking action for purposes of amending the California School Facility Grant Program regulations. This Notice is also published in the California Regulatory Notice Register, which can be accessed at https://www.oal.ca.gov/wp-content/uploads/sites/28/2017/05/21z-2017.pdf. The 45-day public comment ended on July 10, 2017. CSFA submitted the Regular Rulemaking packet to the Office of Administrative Law (OAL) on July 19, 2017 and anticipates OAL’s final decision by late August. Once approved, CSFA will post the new regulations within 15 days after approval from the Secretary of State.

SB740 2017-18 Application

The First Year Charter Schools Application will open in September and close October 16, 2017.

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