Offers lower-income consumers a low-interest loan and a vehicle price buy-down to purchase a new or used zero-emission, plug-in hybrid electric, or hybrid vehicle. Lenders are offered a loan loss reserve to mitigate their risk.
This program has received $25.9 million
$1.6 million has been implemented
Who can access funds?
Lower-income residents statewide.
For Bay area residents, visit CHDC page
Low-interest loans and buy-downs available first-come, first-served; program administration awarded competitively.