California Air Resources Board
The Community Housing Development Corporation, a community‑based organization in Richmond, received over $6.5 million from California Climate Investments for a pilot project to assist with the purchase of newer, cleaner cars in low‑income households in Sacramento and the Bay Area. The pilot project, known as Driving Clean Assistance Program, provides up to $5,000 for hybrid or plug‑in electric vehicle price buy‑down and up to an additional $2,000 for electric vehicle service equipment. The pilot enables low‑income individuals and families, who would otherwise not qualify for a loan due to credit challenges, to obtain a loan at competitive rates. This transformative initiative includes credit counseling, budget counseling, and financial education.