Texas Facilities Fund

About EFF’s Texas Facilities Fund – The Bridge to PSF

Launched in 2022, EFF’s Texas Facilities Fund offers short-term, low-cost facility financing to early-phase, growing, and independent charter school operators that demonstrate tremendous potential to positively impact the students and families they serve. This first-of-its-kind offering is designed to accelerate schools’ pathways to long-term financial sustainability and academic success. This fund bridges the gap for schools during critical growth years before they reach the enrollment and revenue levels needed to earn investment grade rating and qualify for the Texas Permanent Schools Fund.

Loans typically save schools over $150,000 per year and support numerous additional quality public seats for under-resourced communities.

The Texas Facilities Fund (TFF) offers:

  • 100% Loan-to-Value Financing (no fundraising required)
  • 5-year Loan Terms with Long-Term Amortizations
  • Below-Market Interest Rates
  • Flexible Prepayment
  • Opportunity to Refinance with Long-Term Loans from EFF (for schools that don’t qualify for PSF)


Our Impact in Texas

$250 Million

Committed by 2026


Projects Financed


New Quality Seats Supported

“Partnering with EFF on our financing is a charter leader’s dream come true. EFF’s team went above and beyond to facilitate a smooth process, and we are thrilled to be an early partner of an organization dedicated to helping students build bright futures,”

David Williams CEO/Superintendent Village Tech Schools, Duncanville, TX

Texas Facilities Fund Loan Eligibility

  • Enrollment: Schools seeking to expand their enrollment with strong community demand
  • Financials: Strong projected financials and reasonable project costs
  • Academics: Academic models and instructional practices that are likely to produce excellent outcomes for students
  • Leadership: Leaders with successful track records in promoting educational equity
  • Impact: Outsized impact for students and families in historically marginalized communities