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
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.
- Award ceiling$20.0 million
- Total funding$50.0 million
- Expected awards4
- Cost sharingNot required
- Funding typeGrant
Key dates
| Posted | May 10, 2023 |
|---|---|
| Deadline | June 26, 2023 |
| Archived by Grants.gov | July 26, 2023 |
Who can apply
This opportunity was open to nonprofits and state and local governments.
All 7 applicant types the notice lists
- State governments
- County governments
- City or township governments
- Special district governments
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
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.
Is this a realistic fit?
- Past Credit Enhancement for Charter School Facilities awards averaged $12.8 million; this notice allows up to $20.0 million per award.
- Most of the program's money (60% over five years) went to nonprofits.
- No cost sharing or match is required.
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.
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.
| Recipient | State | Awards | Amount |
|---|---|---|---|
| Building Charters Fund, Inc. | New York | 2 | $37.3 million |
| Equitable Facilities Fund Inc | New York | 2 | $32.0 million |
| 22 Beacon, Inc. | Maryland | 2 | $31.0 million |
| California School Finance Authority | California | 2 | $30.0 million |
| Bluehub Loan Fund Inc | Massachusetts | 2 | $27.0 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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