Connecticut State Data:
Last updated: 2021
Connecticut law requires the state commissioner of education to establish, within available bond authorizations, a grant program to assist state charter schools in financing school building projects, general improvements to school buildings, and repayment of debt incurred for school building projects. Preference must be given to applications that include matching funds from non-state sources. A charter school that “abandons, sells, leases, demolishes or otherwise redirects the use of a school building” within 10 years of receiving funding under this program must repay the state an amortized portion of the grant. For 2018-19, grants were available up to $850,000 per school. The law also provides that the state bond commission shall have the power, from time to time, to authorize the issuance of bonds of the state in one or more series and in principal amounts not exceeding in the aggregate $20 million to support charter school facilities. The funding available under this program was $3.8 million for 2018-19 and $3.4 million for 2019-20.
Connecticut law allows a charter school to apply for low-interest loans from the Connecticut Health and Educational Facilities Authority.
– Connecticut Health and Educational Facilities Authority [chefa.com/]
Public Charters on Tribal Lands or Serving a Significant Proportion of Native Students:
Source: National Alliance for Public Charter Schools (2018)