State of California and California School Finance Authority (CSFA)
06/04/18 5:00 PM
Grants to California charter schools to help cover lease and rent expenditures related to the school's facilities. Funding amounts will be determined according to the average daily attendance and the annual facility costs. Eligible expenditures under this grant program include the following:
(1) Costs associated with facility rents or leases as evidenced by an executed rental or lease agreement:
(2) Costs associated with the facility but not limited to, remodeling buildings, deferred maintenance, initially installing or extending service systems and other built-in equipment, improving sites, and common area maintenance charges that are based on the Charter School's usage of the facility are limited to maintaining and repairing the facility and its common areas.
(3) Costs described in subdivisions (a)(1) and (a)(2) and associated with portions of school district or county office of education facilities that are not existing school district or county office of education facilities and are not reasonably equivalent facilities received from their charter authorities.
(4) Costs associated with a ground lease as evidenced by an executed rental or lease agreement where there is no existing district facility on the ground being leased.
GrantWatch ID#: 159591
No grant, whether for costs described in subdivision (a)(1), (a)(2), or a combination of both, shall exceed the ADA Cap as defined in Section 10170.2 (f) or 75% of the annual facility rent and lease costs for the Charter School for the Fiscal Year for which the Application is submitted, whichever is less.
Any Applicant shall be eligible to apply for a grant if all of the following conditions are met:
(a) The Application is submitted by or on behalf of a Charter School.
(b) An approved charter has been awarded, is in place, and is current at the time of Application.
(c) In the case of a First Year Charter School, a charter petition has been submitted for approval to the Chartering Authority and evidence, such as a copy of the charter petition, is submitted that the school anticipates beginning operations in the Fiscal Year for which an Application is submitted.
(d) The Charter School meets one of the following criteria:
(1) Fifty-five percent (55%) or more of the student enrollment at the charter school site is eligible for prior year FRPM; or
(2) The charter school site for which grant funds are requested is physically located in the attendance area of a public elementary school in which fifty-five percent (55%) or more of the pupil enrollment is eligible for prior year FRPM and the school site gives a preference in admissions to pupils who are currently enrolled in that public elementary school and to pupils who reside in the elementary school attendance area where the charter school site is located, as determined by the local school district.
(3) First Year Charter Schools not operational in the prior year shall be eligible in the current year if the school meets the FRPM Eligibility requirements based on current year data.
(4) In all subsequent funding rounds, all schools shall adhere to application dates outlined in section 10170.5.
(e) The Charter School, educational management organization, or charter management organization is not in default with the requirement of all other programs administered by the Authority.
(f) The charter school is in good standing with its chartering authority and is in compliance with the terms of its charter at the time of application submission, and without interruption throughout the term of the grant. The Authority will rely on information from the chartering authority regarding the school’s good standing and compliance with the terms of its charter. Charter schools may appeal any response by the chartering authority’s staff directly to the chartering authority’s governing board. It shall be the charter school’s responsibility, and not the Authority’s, to ensure that the good standing and compliance response letter is received by the stated deadline.
Grant funds may not be apportioned for any of the following:
(1) Units of ADA generated through non classroom-based instruction as defined in Education Code section 47612.5;
(2) Facility rent and lease costs associated with a Charter School's occupancy of existing district or county office of education facilities;
(3) Facility rent and lease costs associated with a Charter School's occupancy of reasonably equivalent facilities received from its chartering authority pursuant to Education Code section 47614
(4) Costs incurred to meet a Charter School's local match obligation for charter school facilities that receives funds pursuant to the Charter School Facilities Program; or
(5) Costs incurred for instructional or administrative costs including, but not limited to, salaries and benefits paid to teachers, instructional aides, the educational management organization or charter management organization responsible for managing the Charter School, or the chartering authority and existing district personnel.
(6) Lease costs assessed to the charter school based on grant funds awarded to the school by the Authority during the same funding round.
(7) Facility rent and lease costs associated with a facility previously purchased and paid in full by the Charter School with State Charter School Facilities Incentive Grants Program funds unless those costs are associated with capital improvements.
(8) Facility rent and lease costs associated with lease-to-purchase agreements where the rent and lease costs lower the final purchase price.
- Lease to own facility costs are not an eligible cost under the SB740 Program.
- Employees' salaries and benefits are ineligible for reimbursement.
- Consumables include food, disposables, and toiletries. These items do not support the facility upkeep and are ineligible for reimbursement. (Example: Toilet paper, paper towels, hand soap, toner, water, etc.)
May 16, 2018 10:00 am - CSFA shall host a webinar to discuss the Program overview and updates to both the online application and regulations.
The Application submission period is now open and will close on June 4, 2018 at 5:00 PM. Late Applications will not be accepted.
Access the May 17, 2017 webinar recording (SB740 2017 Updates) here:
Access the May 16, 2016 webinar recording (SB740 Online Application Tutorial) here:
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
California School Finance Authority
915 Capitol Mall, Room 516
Sacramento, CA 95814
California School Finance Authority
300 S. Spring St., Suite 8500
Los Angeles, CA 90013