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Assistance listing · 84.354

Credit Enhancement for Charter School Facilities

Federal financial assistance obligated under listing 84.354, the organisations that receive it and where it goes.

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.

Federal agencies obligated $65M in awards under assistance listing 84.354, Credit Enhancement for Charter School Facilities, in FY2025, and $246M over the five fiscal years since FY2022; the program ranks 616 of 1056 on this site.

Obligations were up 13% on FY2024 ($58M), with $20M so far in FY2026.

The largest recipient organisations by the value of $1.0M-plus awards since FY2022 were Building Charters Fund, Inc. ($37M), 22 Beacon, Inc. ($31M) and New Schools for Alabama ($26M).

By place of performance, the most money went to NY, MD and CA.

$65Mobligations, FY2025FY2025 (1 Oct 2024 – 30 Sep 2025) · obligations
$246Mfive-year totalFY2022–FY2026 to date · obligations
$20MFY2026 to dateFY2026 · obligations
616 of 1056rank among programs on this sitefive-year obligations
18awards of $1.0M+ since FY2022FY2022–FY2026

Obligations by fiscal year

$39M
$65M
$58M
$65M
$20M
FY2022FY2023FY2024FY2025FY2026*
Obligations under listing 84.354 by fiscal year. *FY2026 runs to the data date and is incomplete.

Compared with the largest program FY2025

MeasureThis programGrants to States for MedicaidAll assistance
Obligations, FY2025$65M$666B$4.5T
Five-year total$246M$3.2T$21T
Share of all assistance obligations, five years0%15.2%100%

Largest recipients $1.0M+ award value since FY2022

#OrganisationAwardsAward value
1Building Charters Fund, Inc.2$37M
222 Beacon, Inc.2$31M
3New Schools for Alabama2$26M
4California School Finance Authority1$20M
5Equitable Facilities Fund Inc1$20M
6Local Initiatives Support Corporation1$20M
7Building Hope Finance1$20M
8Bluehub Loan Fund Inc1$15M
9Hope Enterprise Corporation1$12M
10Nonprofit Finance Fund1$12M
11Opportunity 1801$12M
12Low Income Investment Fund1$12M
13Raza Development Fund Inc1$10M
14Enterprise Community Loan Fund Inc1$5.8M
15Bluum Inc1$3.5M

Awarding agencies $1.0M+ awards

Where the money goes

Largest awards since FY2022

RecipientAwarding agencyTypeAward valueBegunPlaceRecord
California School Finance AuthorityDepartment of EducationGrantProject Grant (B)$20M27 Sep 2023CAUSAspending
Equitable Facilities Fund IncDepartment of EducationGrantProject Grant (B)$20M25 Sep 2024NYUSAspending
Building Charters Fund, Inc.Department of EducationGrantProject Grant (B)$20M24 Sep 2025NYUSAspending
22 Beacon, Inc.Department of EducationGrantProject Grant (B)$20M24 Sep 2025MDUSAspending
Local Initiatives Support CorporationDepartment of EducationGrantProject Grant (B)$20M24 Sep 2025NYUSAspending
Building Hope FinanceDepartment of EducationGrantProject Grant (B)$20M24 Apr 2026DCUSAspending
Building Charters Fund, Inc.Department of EducationGrantProject Grant (B)$17M25 Sep 2024NYUSAspending
New Schools for AlabamaDepartment of EducationGrantProject Grant (B)$15M24 Sep 2025ALUSAspending
Bluehub Loan Fund IncDepartment of EducationGrantProject Grant (B)$15M27 Sep 2023MAUSAspending
Hope Enterprise CorporationDepartment of EducationGrantProject Grant (B)$12M19 Sep 2022MSUSAspending

Other programs numbered 84.xxx

Questions and answers

How much is obligated under assistance listing 84.354?

$65M in FY2025 and $246M over the five fiscal years since FY2022, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.

Who receives the most under Credit Enhancement for Charter School Facilities?

Building Charters Fund, Inc. ($37M), 22 Beacon, Inc. ($31M), New Schools for Alabama ($26M), California School Finance Authority ($20M), Equitable Facilities Fund Inc ($20M). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".

What is an assistance listing (CFDA) number?

A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.

Provenance

Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.