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California Alternative Energy and Advanced Transportation Financing Authority

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides financing for facilities needed to develop and commercialize advanced transportation and alternative energy technologies that reduce air pollution, conserve energy, and promote economic development and jobs.

CAEATFA’s Board decides which projects to finance.

Current CAEATFA Programs:

  1. Sales Tax Exclusion
    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.
  2. Clean Energy Upgrade Financing Program (Assembly Bill X1 14)
    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.
  3. 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.
  4. Bond Financing
    CAEATFA issues tax-exempt bonds to finance green projects.

Other General CAEATFA Information