California Code of Regulations
Title 4 - Business Regulations
Division 15 - California School Finance Authority
Article 4 - Project Acceleration Notes and Credit Enhancement Alternatives (Panacea) Program
Section 10200 - Purpose
This Article implements the California School Finance Authority's (Authority) administration of the Charter School Facilities Credit Enhancement Grant Program (CFDA #84.354A) fund(s) received by the Authority from the U. S. Department of Education. The funds will be disbursed through the Authority's Project Acceleration Notes and Credit Enhancement Alternatives (PANACEA) Program (Program) to provide credit enhancement to facilitate the financing of the purchase, construction, and/or renovation of facilities for California public Charter Schools. Funds awarded under the Program will be used in conjunction with funding provided through the Charter School Facilities Program (CSFP) or the Authority's Conduit Financing Program (Non-CSFP).
1. New article 4 (sections 10200-10200.7) and section filed 12-12-2018; operative 12-12-2018 pursuant to Government Code section 11343.4(b)(3) (Register 2018, No. 50).
Note: Authority cited: Sections 17179 and 17180, Education Code. Reference: Section 17180, Education Code.