The Latest
- California Capital Access Program (CalCAP) Notice of Proposed Rulemaking
Posted 5/10/13 - CA Energy/Environmental Efficiency Loan Participation Program – Request for Applications
Posted 4/16/13 - CPCFA Bond Program – Small Business Assistance Fund (SBAF) Fee Waiver Notice of Emergency Regulations, Finding of Emergency, and Proposed Text of Regulations
Posted 4/10/13 - CPCFA Bond Program – Equipment Only Bond Financing Program Notice of Emergency Regulations, Finding of Emergency, and Proposed Text of Regulations
Posted 3/22/13 - Amount of 2010 – 2012 Carryforward Allocation Available
Updated 3/14/13 - CalCAP Notice of Emergency Regulations
Posted 1/24/13 - Notice of Intent to Award
Posted 12/19/12
Overview
- Financing Program Summary
- Board Members
- Governing Statutes, Regulations, and Policies
- Bond Program Brochure 2011
- California Capital Access Program (CalCAP) Brochure
- 2013 Meetings and Deadlines
The California Pollution Control Financing Authority (CPCFA) has been providing low-cost innovative financing to California businesses since 1972.
As a “conduit issuer” of tax-exempt private activity bonds, CPCFA is able to facilitate low cost financing to qualified waste and recycling projects. Other projects to control pollution can qualify for tax-exempt financing as allowed by federal tax law. Examples of recent assistance include projects to purchase clean-air vehicles by waste companies, recycle used oil, convert animal waste to clean burning fuel, and develop construction and demolition debris recycling programs.
CPCFA works with participating financial institutions to assist small business with loans up to $2.5 million. CPCFA also assists with the clean-up of contaminated sites through a $60 million grant and loan program and a site-assessment loan program.
CPCFA Programs
As of January 1, 2012, CPCFA has helped finance over $13.4 billion in projects through
- Tax-Exempt Bond Financing Program to:
- control pollution
- recycle valuable materials
- safely handle solid waste
- CalCAP loans to:
- assist small businesses
- help truckers meet Air Resources Board regulations
- California Recycle Underutilized Sites (CALReUSE) Program grants and loans to:
- clean up contaminated lands
- Sustainable Communities Grant and Loan (SCGL) Program grants and loans to:
- promote sustainable communities
New Program
- California Energy/Environmental Efficiency Loan Participation Program to:
- assist small businesses through energy and environmental efficiency loans
Other Programs CPCFA Assists
Fast Facts as of 12/31/12
Tax Exempt Bond Financing Program
Total Bonds Issued Over Program Lifetime:
$13,988,026,437
Total Bonds Outstanding
$4,381,158,600
Total New Money Bonds Issued 1/1/12 - 12/31/12:
$840,124,000
Total Refunding Bonds Issued 1/1/12 - 12/31/12:
$0
8 Small Businesses Funded
1 Large Business Funded
California Capital Access Program (CalCAP)
(These numbers include the Air Resources Board (ARB) Truck Loan Program figures)
Total Number Loans Enrolled
Over Program Lifetime:
12,653
For the Period: 1/1/12 - 12/31/12
Total Dollars Loaned
$127,033,207.16
Number Loans Enrolled
2343
Number of Micro Loans Enrolled
1232
Amount in Microloans Enrolled
$15,053,273.87
Average CalCAP Loan Amount
$62,307.17
CalCAP ARB Truck Loan Program
For the Period: 1/1/12 - 12/31/12
Total Number of Loans Enrolled
1122
Total Number of Trucks
Purchased/Retrofitted
1245
Total Amount Loaned
$76,373,171.35
California Recycle Underutilized Sites (CALReUSE) Program
Assessment Program
Total Funds Awarded Over Program Lifetime:
43 Site Assessment Loans Totaling $4,863,842
Remediation Program
Total Funds Awarded Over Program Lifetime:
30 Remediation Grants and Loans Totaling $55,000,000
Funds Disbursed to Awardees for the Period 1/1/12-12/31/12
$9,427,792.20
Funds Disbursed to Awardees Over Program Lifetime:
$35,274,942.42
Sustainable Communities Grant and Loan (SCGL) Program
Total Funds Awarded Over Program Lifetime:
21 Grantees Awarded $6,585,070
Total Funds Awarded
Jan 2007 - December 2009
7 Grants Approved for a Total of $2,423,512