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ED-GRANTS-051023-002: Office of Elementary and Secondary Education (OESE): Charter School Program (CSP): Grants for Credit Enhancement for Charter School Facilities (Credit Enhancement), Assistance Listing Number 84.354A

Closed Closed June 26, 2023 Opportunity ED-GRANTS-051023-002

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Department of Education notices from 2023.

Department of Education offered grants of up to $20.0 million to nonprofits and state and local governments. It expected to make about 4 awards worth $50.0 million in total. Applications closed on June 26, 2023.

From the official notice on Grants.gov, last changed May 10, 2023. Checked November 7, 2026.

Key dates

PostedMay 10, 2023
DeadlineJune 26, 2023
Archived by Grants.govJuly 26, 2023

Who can apply

This opportunity was open to nonprofits and state and local governments.

All 7 applicant types the notice lists

1. 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.

More grants for nonprofits, state and local governments.

Is this a realistic fit?

What the grant funds

Note: Each funding opportunity description is a synopsis of information in the Federal Register application notice. For specific information about eligibility, please see the official application notice. The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available on GPO Access at: http://www.access.gpo.gov/nara/index.html. Please review the official application notice for pre-application and application requirements, application submission information, performance measures, priorities and program contact information. For the addresses for obtaining and submitting an application, please refer to our Revised Common Instructions for Applicants to Department of Education Discretionary Grant Programs, published in the Federal Register on December 7, 2022. Purpose of Program: The Credit Enhancement program provides grants to eligible entities to demonstrate innovative methods of helping charter schools address the cost of acquiring, constructing, and renovating facilities by enhancing the availability of loans and bond financing. Assistance Listing Number (ALN) 84.354A.

Category: Education.

Who has won Credit Enhancement for Charter School Facilities grants before

From fiscal 2021 to 2025, Credit Enhancement for Charter School Facilities (84.354) awarded $282 million across 22 grant awards, an average of $12.8 million per award.

Largest recipients, fiscal 2021 to 2025
RecipientStateAwardsAmount
Building Charters Fund, Inc.New York2$37.3 million
Equitable Facilities Fund IncNew York2$32.0 million
22 Beacon, Inc.Maryland2$31.0 million
California School Finance AuthorityCalifornia2$30.0 million
Bluehub Loan Fund IncMassachusetts2$27.0 million

Top states: New York ($101 million), California ($42.0 million), Maryland ($36.8 million), Massachusetts ($35.0 million), Alabama ($25.9 million).

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.

Questions people ask

Is ED-GRANTS-051023-002 still open?

No. It closed on June 26, 2023.

Who can apply for Office of Elementary and Secondary Education (OESE): Charter School Program (CSP): Grants for Credit Enhancement for Charter School Facilities (Credit Enhancement), Assistance Listing Number 84.354A?

Department of Education accepted applications from nonprofits and state and local governments. The notice adds further conditions, so read its eligibility section.

What is the deadline for Office of Elementary and Secondary Education (OESE): Charter School Program (CSP): Grants for Credit Enhancement for Charter School Facilities (Credit Enhancement), Assistance Listing Number 84.354A?

Closed June 26, 2023. Applications are no longer accepted; the program's newer notices are on this page when there are any.

How much funding is available?

Awards of up to $20.0 million each. About $50.0 million in total across about 4 awards.

Who has won Credit Enhancement for Charter School Facilities grants before?

The largest recipients over five fiscal years were Building Charters Fund, Inc., Equitable Facilities Fund Inc, 22 Beacon, Inc. The program made 22 awards worth $282 million in that time.

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