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Charter School Facilities Incentive Grants Program
The State Charter School Incentive Grant Program funds are applied toward a charter school’s annual costs of rent, lease, mortgage, debt service, or Proposition 39 pro-rata payments for facilities, or towards the costs of purchase, design, construction, and/or renovation of a new or existing facility. In 2004, 2009, and 2014, the United States Department of Education approved grant awards to the Authority pursuant to the State Charter School Incentive Grant Program (Program), authorized under Title V, Part B, Subpart 1 of the Elementary and Secondary Education Act, as amended by the No Child Left Behind Act of 2001. The California School Finance Authority was recently awarded a $30 million grant award in Fall 2024. Per the Authority’s application to the Department of Education, the Authority is proposing three more funding rounds of the Program starting for the 2025-26 school year.
Compliance Requirements
Based on this grant's program area, the likely funding agency is Department of Education (ED). ED auditors focus heavily on eligibility, cash management, and subrecipient monitoring, reflecting the pass-through structure of Title I and similar programs.
Key Compliance Areas
- Activities Allowed or Unallowed
Are all charged activities within the approved scope and budget?
Get the Financial Management Policy template (included with the $19 assessment)
- Allowable Costs/Cost Principles
Does every material cost have a documented allowability determination?
Get the Financial Management Policy template (included with the $19 assessment)
- Cash Management
Are drawdowns timed to match actual disbursement needs?
- Eligibility
Is eligibility determined and documented before benefits are provided?
- Reporting
Can every line on financial/performance reports be traced to source documentation?
Get the Grant Reporting Calendar template (included with the $19 assessment)
- Subrecipient Monitoring
Is there a documented risk assessment, monitoring plan, and audit finding follow-up for each subrecipient?
Get the Subrecipient Monitoring Plan template (included with the $19 assessment)
Take the free assessment to see how your compliance posture maps to this grant's requirements. 15 minutes, no account required.
Fit Scoring
Add your organization profile on the Grant Fit Checker to see personalized fit scoring for this grant.