Frequently Asked Questions
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CSDC works with non-profit charter schools in need of short- or long-term facility solutions. Any charter school that is in good standing with their chartering authority is welcome to apply. Please ensure the following criteria are met before contacting CSDC:
Have applied for and been approved to operate a public charter school.
Have an executed contract with an authorizer/sponsor to operate a public charter school.
Have a current or pending 501(c)(3) designation from the IRS for the school.
A school does not have to be open to qualify for help from CSDC; however, it must meet the three criteria noted above.
Yes, but a charter school, or schools, must be the primary user of the facility. A charter school may rent out a portion of its facility (or all of the facility for part of the time), but the primary use of the facility must be for charter school operations.
CSDC has a number of programs to help charter schools with their financing and facility needs, including:
Lease and loan guarantees (Building Block Fund)
Real estate services (Turnkey Development and Fee Developer Program)
Direct lending (CSDC Direct)
Our Partners in Transforming Education
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