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Behavioral Health Infrastructure Bond Act of 2024: Behavioral Health Continuum Infrastructure Program Round 1: Launch Ready

Up to $3,300,000,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineDecember 13, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program offers up to $3.3 billion in grant funding to enhance behavioral health resources in California. By applying, you'll have the chance to construct, acquire, or rehabilitate properties that significantly benefit those in need of these services. This isn't just about maintaining current operations; it’s about expanding your capacity to make a difference in your community. Your project will specifically cater to Medi-Cal beneficiaries, ensuring you're addressing a vital need.

Your business stands to gain invaluable financial support. This funding can help you turn your vision into reality with no repayment obligation, unlike traditional loans. With the focus on new service capacity, your project will also place you at the forefront of a much-needed movement in behavioral health. The process of qualifying is designed to be straightforward, ensuring you can focus more on your project's impact rather than navigating complex requirements. Taking part in this program is not just an opportunity; it’s a commitment to making a meaningful change.

Financing Details

Type of Financing
This program offers grant funding. Up to $3.3 billion is available for constructing, acquiring, or rehabilitating real estate assets focused on expanding behavioral health treatment and services.

Repayment Terms and Eligible Expenses
As this is a grant, there are no repayment terms or interest rates involved. Eligible expenses include costs related to construction, acquisition, and rehabilitation of properties dedicated to behavioral health resources. You must also ensure that your project commits to serving Medi-Cal beneficiaries.

Restrictions and Fees
Funds cannot be used to maintain existing service capacity. Additionally, there are no application fees associated with this program, making it a cost-effective opportunity for your business.

Please reach out if you have any questions about specific expenses or requirements!

Qualifications

  • Location: Must be based in California.
  • Type of Entities Eligible:
    • Cities
    • Counties
    • City and counties
    • Tribal entities
    • Some nonprofits
  • Project Requirements:
    • Must commit to serving Medi-Cal beneficiaries.
    • Project must be "launch ready," meaning:
      • Essential predevelopment design, planning, site control, and budgeting details are professionally formalized.
      • Meets minimum threshold requirements for project readiness.
      • Construction for the requested project is not currently underway.
  • Employee Requirements:
    • No minimum employees required.
    • No maximum employees required.
  • Revenue Requirements:
    • No minimum revenue qualifications.
    • No maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • Existing service capacity preservation is not eligible for funding.

Description

This program provides up to $3.3 billion in grant funding to improve behavioral health resources in California. This funding is meant for new construction, acquisition, and rehabilitation of properties that will enhance support for those needing behavioral health services. The emphasis is on expanding services, rather than just maintaining what already exists.

Of this total amount, $1.5 billion is available for cities, counties, and tribal entities, with an additional $30 million specifically set aside for tribal entities. The remaining $1.8 billion is open to all eligible organizations, enhancing opportunities for local entities to step in and create meaningful changes in their communities.

To be considered for this funding, your project should be “launch ready,” meaning necessary planning, design, and site control tasks are in place. It's essential that your project is directed towards servicing Medi-Cal beneficiaries. This program is a great avenue for your business to make a significant impact while receiving crucial financial support in the process.

Program Steps

  1. Define Your Project
    Clearly outline the goals and objectives of your project aimed at enhancing behavioral health services.

  2. Ensure Launch Readiness
    Make sure all necessary planning, design, and site control tasks are completed.

  3. Prepare the Appropriate Documentation
    Gather the following documents for your application:

    • Project proposal
    • Budget plan
    • Evidence of site control
    • Organizational documents (e.g., articles of incorporation, bylaws)
    • Proof of ability to service Medi-Cal beneficiaries
    • Letters of support or partnership agreements
    • Project timeline
  4. Complete the Application Form
    Fill out the official application form with accurate details about your project and business.

  5. Submit Your Application
    Review your application for completeness, then submit it through the designated program website.

  6. Follow Up
    After submission, keep track of your application status and be prepared to respond to any requests for additional information.

Visit Program Website