Office of Elementary and Secondary Education (OESE): Charter Schools Program (CSP): Grants for Credit Enhancement for Charter School Facilities (Credit Enhancement), Assistance Listing Number 84.354A
Grant Opportunity Analysis
The Department of Education is offering grants through the Charter Schools Program (CSP) for Credit Enhancement aimed at improving charter school facilities. This competitive grant opportunity, with a total funding amount of $60 million, is designed to assist eligible public and private nonprofit entities in covering costs associated with acquiring, constructing, and renovating charter school facilities by enhancing access to loans and bond financing. The grants are crucial for supporting charter schools that provide elementary and secondary education, as well as early childhood and postsecondary programs. Interested applicants must submit their applications by June 25, 2025, and can contact Thea Fowles at the U.S. Department of Education via email at charter.facilities@ed.gov for further information.
Eligible Applicants
Eligible Applicants: (a) A public entity, such as a State or local governmental entity; (b) A private, nonprofit entity; or (c) A consortium of entities described in (a) and (b). Note: If you are a nonprofit organization, under 34 CFR 75.51, you may demonstrate your nonprofit status by providing: (1) proof that the Internal Revenue Service currently recognizes the applicant as an organization to which contributions are tax deductible under section 501(c)(3) of the Internal Revenue Code; (2) a statement from a State taxing body or the State attorney general certifying that the organization is a nonprofit organization operating within the State and that no part of its net earnings may lawfully benefit any private shareholder or individual; (3) a certified copy of the applicant's certificate of incorporation or similar document if it clearly establishes the nonprofit status of the applicant; or (4) any item described above if that item applies to a State or national parent organization, together with a statement by the State or parent organization that the applicant is a local nonprofit affiliate.