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 $1,117 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. The 45-day public comment period begins January 5, 2018 and ends on February 20, 2018. Please refer to the “Notice of Proposed Rulemaking Action” for further information on registering comments, concerns, or recommendations. This Notice is also published in the California Regulatory Notice Register, which can be accessed at Please also refer to the Initial Statement of Reasons, Proposed Regulations, Application, Facility Invoice Expenditure Report and Notice of Eligibility Costs.

SB740 2017-18 Application

The Application submission period is now closed. The Authority received 442 applications and anticipates awarding Initial disbursements by the end of 2017.