MSPMA Facility Equipment Fund
Get the Equipment Your District Needs Now — Without Taking the Full Budget Hit Up Front.
Expensive facility equipment is not optional
When a floor scrubber goes down, a mower needs replaced, a lift is required, or your maintenance team needs the right machine to do the job, waiting another budget cycle is not always realistic.
That is why MSPMA offers the Facility Equipment Fund for member school districts.
This program gives eligible districts access to a shared “pot of money” to help purchase needed facility equipment now, then spread the cost over 24 months.
A Simple Way to Fund Big Equipment Purchases
The Facility Equipment Fund is designed to help member districts move forward with larger equipment purchases without paying the full amount at once.
Your district identifies the equipment.
MSPMA provides the funds, based on availability.
Your district purchases the equipment.
Then MSPMA invoices your district over time.
No complicated process. No unnecessary delay. Just a practical funding option built for school facility teams.
What Can Be Funded?
The fund may be used for new or used facility equipment, including:
Custodial Equipment
Floor scrubbers, vacuum sweepers, bathroom cleaning machines, and other custodial equipment that helps your team keep buildings clean, safe, and ready for students and staff.
Maintenance Tools & Equipment
Lifts, tractors, skid loaders, vehicles, specialty tools, and other equipment your maintenance team needs to complete work safely and efficiently.
Grounds Equipment
Mowers, line painters, tractors, and other grounds equipment used to maintain athletic fields, campuses, parking areas, and outdoor spaces.How the Process Works
Step 1: Identify the Equipment You Need
Your district decides what equipment it wants to purchase. The equipment may be new or used, as long as it meets the program requirements.
Step 2: Submit a Request for Funds
Complete the MSPMA Request for Funds form, including the required Agreement for Funding.
Step 3: MSPMA Reviews Available Funds
Funds are distributed based on availability and handled on a first come, first served basis.
Step 4: MSPMA Sends the Funds
Once approved, MSPMA writes a check to the district for the approved amount.
Step 5: Your District Purchases the Equipment
Your district uses the funds to purchase the approved equipment.
Step 6: Repayment Is Spread Over 24 Months
MSPMA invoices the district four times over a 24-month period, with invoices issued in February and August.
Program Terms
| Term | Details |
|---|---|
|
Minimum Purchase |
$10,000 |
|
Maximum Purchase |
$75,000 |
|
Term Length |
24 months |
|
APR |
5% |
|
Invoice Schedule |
February and August |
|
Availability |
Based on available funds |
|
Priority |
First come, first served |
Ready to Request Funds?
If your district has an upcoming facility equipment purchase between $10,000 and $75,000, the MSPMA Facility Equipment Fund may help you move forward now and spread the cost over 24 months.
Complete the Request for Funds form to begin the process. Funds are available on a first come, first served basis.