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Financing Assistance Program is sponsored by California Air Resources Board (CARB) / Community Housing Development Corporation (CHDC) / Beneficial State Foundation (BSF). The Financing Assistance Program helps income-qualified California residents get a new or used plug-in hybrid, fuel cell, or electric vehicle through a combination of grants and fair financing options.
Lending partners offer 8% or lower interest rate auto loans for qualified participants.
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Or search similar grants →According to the current listing, eligibility includes: California Resident, with a qualifying household income (based on 300% of the FPL), purchase or lease a new or used vehicle equal to or less than $45,000, own or lease their clean vehicle for a minimum of 30 consecutive months, and obtain a loan from a financial institution at an interest rate of 8.0 percent or less. Must be 18 years or older and apply before purchasing or leasing a vehicle. Confirm the full requirements in the official notice before applying.
The current listing shows up to $7,500 in financing assistance and $2,000 in charging incentives (without scrapping a gasoline model); Up to $10,000 in purchase incentives and $2,000 in charging incentives (if scrapping a gas-powered car). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Financing Assistance Program is funded by California Air Resources Board (CARB) / Community Housing Development Corporation (CHDC) / Beneficial State Foundation (BSF). Verify program details on the funder's official page before applying.
This opportunity targets applicants in California. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Past winners and funding trends for this program
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