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:
- Sales Tax Exclusion: Green Manufacturing (Senate Bill 71)
Green Manufacturing Sales and Use Tax Exclusion Program for companies that design, manufacture, produce or assemble advanced transportation technologies or alternative source products, components or systems
- Sales Tax Exclusion: Advanced Manufacturing (Senate Bill 1128)
Effective January 1, 2013 Senate Bill 1128 provides a Sales and Use Tax Exclusion Program for advanced manufacturing projects.
- 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.
- Property Assessed Clean Energy (Senate Bill 77)
Property Assessed Clean Energy Bond Reserve Program (PACE) provides credit enhancements to local jurisdictions financing the installation of distributed generation renewable energy sources, or energy or water efficiency improvements, that are permanently affixed to residential and commercial property.
- Bond Financing
CAEATFA issues tax-exempt bonds to finance green projects.
Other General CAEATFA Information
- Authority Members
- CAEATFA Regulations
- Frequently Asked Questions
- Sales Tax Exclusions: Renewable Energy Generation Projects