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The Charter School Revolving Loan Fund Program

State Treasurer's Office

Status:

Active

July 1, 2013

Posted:

Deadline: 

Rolling

Funding

10000000

Program:

100000

Award Floor:

Ceiling:

250000

Match Required?

Eligibility

California

States:

Entity Types:

Nonprofit, City or township governments, County governments, Independent School Districts

Please refer to the Program Regulations, Section 10170.18. Eligible Applicant.

Contact

Email:

Phone:

1-916-651-7710

Source Type:

State

The Charter School Revolving Loan Fund Program provides low-cost loans of up to $250,000 to charter schools; The Charter School Revolving Loan Fund (CSRFL) Program provides low-cost loans of up to $250,000 to charter schools, with priority given to schools opening in the current fiscal year. The Authority conducts extensive credit evaluations, makes funding recommendations, executes loan agreements, creates payment schedules, disburses funds, offsets loan payments, collects delinquent or defaulted loans, and develops program fund reconciliations and projections. The Authority sends out a Listserve to announce the opening and closing of the application period.

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