
Financing Assistance for Lower-Income Consumers
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What does it fund?Low-interest loans and vehicle price buy-downs for lower-income consumers to purchase a new or used zero-emission, plug-in hybrid electric, or hybrid vehicle and grants for charging installation or charge cards plus a portable charger. Who is eligible for funds?Lower-income vehicle owners statewide. Income-qualified CA residents. Check your eligibility on the program website. Are there recent policy changes?Since the first come, first serve nature of this program has caused the program to close quickly, staff is redesigning the program to operate using a needs-based approach for low-income consumers. Upon budget approval CARB will launch the solicitation and aim to reopen the program by the early 2023. How does this program provide benefits to priority populations?Outreach to priority populations to engage low-income residents to participate in the program. How do I access funds?When the program is open, applicants can apply for low-interest loans and buy-downs at cleanvehiclegrants.org. Bay Area residents apply at communityhdc.org/dcap/. |
Cumulative Outcomes as of November 2021$67.5 million allocated $20.5 million encumbered $16.1 million benefitting priority populations* 4,719 projects implemented 14,100 MTCO2e GHG reductions* 1.24 tons of NOₓ reductions* 1.1 tons of PM reductions* 0.075 tons of ROG/HC reductions* *Values based on the portion of the projects funded through California Climate Investments. |
Funding SourcesGreenhouse Gas Reduction Fund Volkswagen Settlement Fund |
Last updated: July 2022