ARB Providing Loan Assistance for California Equipment (PLACE) Program

This page last reviewed June 27, 2012

Background

ARB is developing innovative financing programs to provide fleet owners, particularly small business owners, easier access to loan opportunities. The ARB's loan programs may offer several options to increase financing accessibility, including loans, loan guarantees, and other mechanisms to assist industries affected by ARB regulations.

Programs

• The PLACE Program for Off-Road Vehicles is loan guarantee program available for off-road vehicle owners needing assistance for financing retrofits, repowers and replacements.

• The PLACE Program for On-Road Vehicles (formerly On-Road Heavy-Duty Vehicle Air Quality Loan Program) offers financial assistance to fleet owners subject to two regulations approved by the Board in December, 2008.
• The Goods Movement Emissions Reduction Program may potentially offer loan assistance to upgrade equipment used in freight movement along California's trade corridors.