Credit Enhancement for Charter School Facilities

CFDA 84.354 · Federal Grants & Funding

Total Funding

$133.2M

Awards

Recipients

States

Last Updated

Nov 21, 2025

Yearly Funding Trend

Yearly federal funding for CFDA program 84.354 (Credit Enhancement for Charter School Facilities), with obligated amounts, award counts, and year-over-year change.
Fiscal Year	Obligations	Awards	YoY Change
2024	$57.9M	4
2025	$75.4M	5	+30.3%

Award Type Mix

CFDA program 84.354 (Credit Enhancement for Charter School Facilities) federal awards broken down by award type, with obligated amounts and award counts.
Type	Obligations	Awards
	$0	0

Top 9 Awards under CFDA 84.354

Largest individual obligations for Credit Enhancement for Charter School Facilities.

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Top 9 Awards under CFDA 84.354
Award	Recipient	Awarding Agency	Place	FY	Obligation
ASST_NON_S354A240017_091 EQUITABLE FACILITIES FUND 2023 CREDIT ENHANCEMENT PROJECT	EQUITABLE FACILITIES FUND INC New York	Department of Education Department of Education	NEW YORK, NY-12	2024	$20,000,000
ASST_NON_S354A250004_091 LISC CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES: DREAM BIG FUND	LOCAL INITIATIVES SUPPORT CORPORATION New York	Department of Education Department of Education	NEW YORK, NY-12	2025	$20,000,000
ASST_NON_S354A250009_091 BRIDGE TO BOND FINANCING FOR CHARTER SCHOOLS FACILITIES NATIONALLY	22 BEACON, INC. Maryland	Department of Education Department of Education	HANOVER, MD-03	2025	$20,000,000
ASST_NON_S354A250020_091 GROWING HIGH QUALITY CHARTER SCHOOLS	BUILDING CHARTERS FUND, INC. New York	Department of Education Department of Education	NEW YORK, NY-10	2025	$20,000,000
ASST_NON_S354A240013_091 FUND FOR HIGH-POTENTIAL AND UNDERSERVED CHARTER SCHOOLS	BUILDING CHARTERS FUND, INC. New York	Department of Education Department of Education	NEW YORK, NY-10	2024	$17,300,000
ASST_NON_S354A250002_091 NSFA CREDIT ENHANCEMENT PROGRAM	NEW SCHOOLS FOR ALABAMA Alabama	Department of Education Department of Education	BIRMINGHAM, AL-07	2025	$15,375,000
ASST_NON_S354A240006_091 NSFA CREDIT ENHANCEMENT PROGRAM	NEW SCHOOLS FOR ALABAMA Alabama	Department of Education Department of Education	BIRMINGHAM, AL-07	2024	$10,550,000
ASST_NON_S354A240004_091 AN ADDITIONAL CATALYST FOR RDF'S DIRECT LENDING PRODUCTS, SPECIFICALLY TAILORED FOR SUBORDINATED FINANCING PURPOSES, EMPOWERING ELIGIBLE CHARTER SCHOOLS TO ACCESS LOW-INTEREST SUB…	RAZA DEVELOPMENT FUND INC Arizona	Department of Education Department of Education	PHOENIX, AZ-03	2024	$10,000,000
ASST_NON_S354A200010_091 CHARTER SCHOOLS PROGRAM GRANTS FOR CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES	TEXAS PUBLIC FINANCE AUTHORITY Texas	Department of Education Department of Education	AUSTIN, TX-37	2025	$0

Top 9 awards shown, ranked by obligated amount. Dates reflect performance period; last-modified dates match USAspending.gov. Complete listings include all transaction history going back to FY2024.

Spending by State

CFDA program 84.354 (Credit Enhancement for Charter School Facilities) federal funding broken down by state, sorted by total obligated amount.
State	Funding	Awards
New York	$77.3M	4
Alabama	$25.9M	2
Maryland	$20.0M	1
Arizona	$10.0M	1
Texas	$0	1

Top Recipients

Top recipients of CFDA program 84.354 (Credit Enhancement for Charter School Facilities) federal funding, with total obligated amounts and award counts.
Recipient	Total	Awards
BUILDING CHARTERS FUND, INC.NY	$37.3M	2
NEW SCHOOLS FOR ALABAMAAL	$25.9M	2
EQUITABLE FACILITIES FUND INCNY	$20.0M	1
LOCAL INITIATIVES SUPPORT CORPORATIONNY	$20.0M	1
22 BEACON, INC.MD	$20.0M	1
RAZA DEVELOPMENT FUND INCAZ	$10.0M	1
TEXAS PUBLIC FINANCE AUTHORITYTX	$0	1

Agencies Administering This Program

Department of Education$133.2M

Source: USAspending.gov · All Programs