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arbcombo -- Voucher Incentive Program and Providing Loan Assistance for California Equipment programs AVAILABLE NOW!
Posted: 28 May 2009 14:06:00
The Air Resources Board is excited to announce two funding opportunities that are now available to help small fleets upgrade their trucks and reduce their emissions!. The Voucher Incentive Program (VIP) provides funding to replace 1993 and older, high-polluting vehicles with 2007 and newer, lower-polluting vehicles. The Providing Loan Assistance for California Equipment (PLACE) Program is a program that increases the availability of loan funding available to help fleets reduce emissions. Below are quick summaries of each program and websites for more information. The Carl Moyer Memorial Air Quality Attainment Program on-road heavy-duty vehicle Voucher Incentive Program is now available! The VIP offers funding amounts of either $30,000 or $35,000 for small fleets (3 or less vehicles) to replace their older heavy-duty diesel vehicles with a new or used 2007 or newer model year vehicles. To participate, must have: · Owned and operated in California 75% of the time for the previous 2 years · 1-3 heavy-duty diesel vehicles in their fleet · Old diesel vehicles with a declared Gross/Combined Gross Vehicle Weight range greater than 60,000 lbs. (Based on the filing of DMV REG4008 with the Department of Motor Vehicles) · Operated a minimum of 30,000 miles per year or consumed 4700 gallons of diesel fuel per year during the previous two years For more information on participating dealerships or on the program, go to: http://www.arb.ca.gov/msprog/moyer/voucher/voucher.htm Providing Loan Assistance for California Equipment (PLACE) Program for on-road vehicles is also available now! The program provides financial assistance to “near-bankable” fleet owners unable to obtain affordable financing in today’s tight credit market. To participate, must have: · 20 or fewer on-road heavy-duty vehicles subject to the new truck rules · Fewer than 100 employees · Less than $10 million in annual revenue · Primarily conducts business in California For a list of participating CalCAP lenders, go to: http://www.arb.ca.gov/ba/loan/loan.htm You are receiving this single arbcombo email because you are a subscriber to or have made a public comment to one or more of the following lists: moyer, onrdiesel.