U.S. Department of Education invites applications for Charter School grants

In yesterday’s Federal Register, the U.S. Department of Education announced  that it was seeking applications for grants to support charter school access to capital. 

The program provides grants to enhance charter school access to private-sector credit for facilities projects (acquisition, construction, and renovation). Competitive preference will be given to applications that (1) target services to areas where a large proportion of public schools have been identified for school improvement; (2) target services to geographic areas where a large proportion of student perform below proficient on state assessments; and (3) target services to areas with a large proportion of low-income families. The details are contained in the announcement. 

The Department appears to be targeting state and regional agencies as well as consortia of charter schools or educational management organizations, but there is no bar to individual charter school applications.