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California Pollution Control Financing Authority

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Did You Know?

In a funding partnership that began in 2009 with the California Air Resources Board (CARB), CalCAP has contributed $187 million to support more than 35,000 loans to assist California small business owners purchase more than 36,000 cleaner trucks, which is the equivalent of removing almost 11 million passenger cars from the road and 164 tons per year of particulate matter.

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The California Pollution Control Financing Authority (CPCFA) has been providing low-cost innovative financing to California businesses since 1972 with an objective of making California more economically prosperous and environmentally clean. CPCFA is committed to promoting access to capital through the delivery of financing options to California business and environmental industries by being the driving force of public and private partnerships, a leader in offering customized risk mitigation tools and at the forefront of projects that protect and restore the environment. CPCFA partners with sister state agencies to achieve the State’s environmental policy objectives by administering high-impact financing programs designed to assist regulated entities and other stakeholders with accessing private capital. As a government agency that issues tax-exempt private activity bonds, CPCFA can facilitate low cost financing to qualified waste and recycling projects, and other projects to control pollution and improve water supply. Bonds issued under this division shall, whenever practical, be aligned with generally recognized principles and best practice guidelines for financing climate mitigation, adaptation or resilience projects.

CPCFA also administers the California Capital Access Program (CalCAP), which encourages financial institutions to make loans to small businesses and provides for specialty programs targeted toward building an improved infrastructure for zero- and partial-emission vehicles and helping small businesses comply with the federal Americans With Disabilities Act.

Here's what we offer:

Tax-Exempt Bond Financing Program Capital Access Loan Loss Reserve Program California Recycle Underutilized Sites (CALReUSE) Rate Reduction Bond Program Industrial Development Bond Project Program