The California Charter Schools Association advances the charter school movement through state and local advocacy, leadership on accountability, and resources for member schools. CCSA is a trusted source of data and information on California's charter schools for parents, authorizers, legislators, the press and other interested groups. Through the California Charter Building Fund (CCBF), CCSA funds a first-loss reserve to credit enhance charter school facility deals. In the event of a Loan default, CCSA draws funds from the Grant Reserve Account to pay principal and interest due on the outstanding debt. The CCBF will seek to lend at approximately one percent below the risk-adjusted pricing of a conventional lender and offer amortization periods of at least 20 years, which will improve cash flow and keep schools' scarce resources available for their core mission of driving student achievement.