California Alternative Energy and Advanced Transportation Financing Authority

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) works collaboratively with public and private partners to provide innovative and effective financing solutions for California’s industries, assisting in reducing the State’s greenhouse gas emissions by increasing the development and deployment of renewable energy sources, energy efficiency, and advanced transportation and manufacturing technologies to reduce air pollution, conserve energy, and promote economic development and jobs.

Current CAEATFA Programs:

  • Sales Tax Exclusion (STE)
    A Sales Tax Exclusion Program for advanced manufacturing projects or for companies that design, manufacture, produce or assemble advanced transportation or alternative source products, components or systems.
  • Clean Energy Upgrade Financing Program
    Clean Energy Upgrade Financing Program provides financial assistance in the form of credit enhancements to financial institutions making loans to finance energy efficiency and renewable energy improvements on residential properties.
  • Property Assessed Clean Energy (PACE) Loss Reserve Program
    The PACE Loss Reserve assists residential PACE financing programs in California by mitigating risk to first mortgage lenders related to PACE assessments.
  • Bond Financing
    CAEATFA issues tax-exempt bonds to finance green projects.

Other General CAEATFA Information