The Community Schools Classroom Facilities Guaranteed Loan program is a State of Ohio program offering assistance to community schools (also known as charter schools) to help meet their facility needs.

Through this program, Ohio community schools can apply for a State guarantee for a loan to the Governing Board of the community school from a bank chartered by the United States or the State of Ohio. The guarantee cannot exceed $1,000,000 for owned improvements, or $500,000 for lease-hold improvements, and cannot exceed 15 years.

The Commission has completed three rounds of funding and is currently monitoring 15 guarantees that are leveraging $8.5 million in facilities assistance to Community Schools.

No applications for funding are currently being accepted.