The RISE Program
Revitalizing Infrastructure for School Education
District administrators play a vital role in shaping the long-term success of their schools. The Revitalizing Infrastructure for School Education (RISE) program, developed by the California Municipal Public Finance Authority (CalMuni PFA), offers a proven solution for financing essential school infrastructure projects.
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Designed for California TK-14 school districts, RISE offers a strategic and cost-effective approach to financing. By leveraging specialized financing programs, RISE helps districts modernize facilities, improve learning environments, and enhance student safety, all while minimizing the financial burden on local budgets.
Who is Eligible?
The RISE program is available to all California TK-14 school districts, including:
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TK-12 public school districts
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Community college districts
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Charter schools
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County offices of education managing district-wide infrastructure projects
Qualifying Projects
Below is a list of some of the qualifying projects that can be financed with CalMuni:
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Solar Projects
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School Buses
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Alternative Fuel Vehicles
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EV Infrastructure
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Air Quality Improvements
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Microgrids and Energy Storage
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Playground Improvements
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Permanent Shade Structures
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Energy Efficiency Enhancements
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School Campuses
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Buildings, Portables, STEM Labs, and other upgrades
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Please inquire here to determine if your TK-14 project is eligible for funding and is not listed above.
Why RISE?
Lower Cost Capital
Take advantage of expert-managed financing that offer the best terms and prepayment options.
Maximize Funding Opportunities
Unlock state and federal funding, including Proposition 2 and federal tax incentives.
Accelerate Project Timelines
Improve learning environments by investing in critical upgrades by securing funding quickly.
Receive Expert Guidance
Work with CalMuni PFA’s financial and legal advisors to optimize funding strategies.
RISE Advantage
Many school districts qualify for state and federal funding, but these funds are often disbursed only after project completion, requiring districts to secure upfront capital to begin construction. RISE bridges this gap, providing flexible financing with no prepayment penalties—setting it apart from other programs.
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But our support doesn’t stop there. Securing tax credits, Prop 2 funding, grants, and other funding streams that offset the cost of your project can be a complex process, and our team guides you every step of the way. You’re never left to navigate funding challenges alone.
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With CalMuni PFA, you gain access to bond counsel, tax counsel, and municipal advisors, ensuring every aspect of your project is handled efficiently. Even after your project is complete, we assist with ongoing regulatory filings to keep your district in full compliance with state and federal regulations.
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RISE is more than funding—it’s a complete support system for your district’s success.
Program Registration is Now Open!
The RISE program provides School Districts with all the professional and administrative support they need to successfully navigate and execute the funding cycle for capital projects, with the objective of delivering cost free school projects.
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Unlock the full potential of RISE and maximize state and federal subsidies for your district. Sign up today and let us guide you through the process, so you can focus on what matters most—your schools and students!