zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA CalCAP Electric - - PowerPoint PPT Presentation

▶
zyxwvutsrqponmlkjihgfedcbazyxwvutsrqponmlkjihgfedcba
SMART_READER_LITE
LIVE PREVIEW

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA CalCAP Electric - - PowerPoint PPT Presentation

Mar 16, 2023 251 likes •735 views

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA CalCAP Electric Vehicle Charging Station (EVCS) Financing Program California Pollution Control Financing Authority (CPCFA) Lender Webinar April 29, 2015

slide-1
SLIDE 1

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

CalCAP Electric Vehicle Charging Station (EVCS) Financing Program

California Pollution Control Financing Authority (CPCFA)

Lender Webinar

April 29, 2015

slide-2
SLIDE 2

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

2

Agenda

  • Welcome and Introductions
  • Workshop Purpose
  • Overview of CalCAP
  • Overview of CalCAP EVCS Financing Program
  • Program Eligibility
  • How to Participate
  • Q & A
slide-3
SLIDE 3

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

3

WORKSHOP PURPOSE

slide-4
SLIDE 4

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

4

Workshop Purpose

  • The CalCAP Electric Vehicle Charging Station (EVCS)

Pilot Financing Program is a Loan Loss Reserve Program with a Borrower Rebate component that supports electric vehicle (EV) infrastructure in California.

  • The California Energy Commission (CEC) has allocated

$2 million to this pilot program scheduled to launch in June 2015.

  • The purpose is to provide an overview of the CalCAP

EVCS Financing Program and encourage lender participation.

slide-5
SLIDE 5

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

5

Program Participants

  • CEC: Provides funding and policy direction
  • CPCFA: Administers 100% of the program
  • Lenders: Approve loans and submit

program enrollments to benefit from credit enhancement

  • Borrowers: Small business owners

seeking an incentive to finance the acquisition and installation of EVCS at their place of business

Key Participants

slide-6
SLIDE 6

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

6

OVERVIEW OF CALCAP

slide-7
SLIDE 7

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

7

Overview of CalCAP

  • The California Capital Access Program (CalCAP) was

created in 1994 and is administered by the California Pollution Control Financing Authority (CPCFA).

  • CalCAP encourages banks and other financial institutions

to make loans to small businesses which have difficulty

  • btaining financing.
  • CalCAP has more than 20 years of experience

administering loan loss reserve programs and over 100 approved lenders.

slide-8
SLIDE 8

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

8

CalCAP Programs

CalCAP Loan Loss Reserve CalCAP Collateral Support CalCAP ARB On- Road Program CalCAP EVCS Financing Program

slide-9
SLIDE 9

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

9

Loan Loss Reserve (LLR) Accounts

  • LLR is a mechanism to provide financing to businesses.
  • Pooled insurance fund which reduces the risk threshold.
  • A lender may recover up to 100% of the enrolled loan

amount in case of loan charge-off.

  • The LLR Account may be held by the Participating

Financial Institution or the Program Trustee.

slide-10
SLIDE 10

10

Financing Terms

  • Lenders perform all loan underwriting, packaging,

and servicing.

  • Lenders set and control all the terms and

conditions on each loan. Loans may:

  • be short- or long-term
  • have fixed or variable interest rates
  • be secured or unsecured
  • Lenders may enroll all or a portion of the loan into

CalCAP.

slide-11
SLIDE 11

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

11

OVERVIEW OF THE CALCAP EVCS FINANCING PROGRAM

slide-12
SLIDE 12

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

12

CalCAP EVCS Financing Program Purpose

  • To encourage small businesses to install Electric

Vehicle Charging Stations in California for use by their employees, customers or the general public.

slide-13
SLIDE 13

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

13

How the Program Works

  • Lender Participation
  • Contributions
  • Claims
  • Rebates
  • Additional Program Elements
  • Program Eligibility
slide-14
SLIDE 14

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

14

LENDER PARTICIPATION

slide-15
SLIDE 15

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

15

Eligible EVCS Lenders

  • All lenders that are currently CPCFA qualified lenders are

eligible.

  • New EVCS lenders with a California business presence may

apply if they are one of the following:

* Federal-Chartered Bank * Finance Lender / Leasing Companies * State-Chartered Bank * Small Business Investment Company * Credit Union * Consortium of the foregoing entities * Savings Association * Microbusiness Lender * Federal Certified not-for-profit Community Development Financial Institution * Lending institution that has executed a participation agreement with SBA

slide-16
SLIDE 16

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

16

How to Participate

  • To participate in the CalCAP EVCS Financing Program,

lenders must submit a new or amended Financial Institution Application to CPCFA.

  • Lender must be regulated by a third party and in good

standing.

  • The Financial Institution Application can be found on the

CalCAP website at:

http://www.treasurer.ca.gov/cpcfa/calcap/forms/application.pdf

slide-17
SLIDE 17

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

Callforaia Polllioa Cntrol Fiuariac Aolllority

915 Clpilol Mall. RDom 451

SKimll!oto, CA 9SSI4

Ca!C.u> FINANCIAL Il'iSTIT1JTION • .u>PLICA TION

N~o f F~t>lbuncmoa :. __________________________________________________________

__

A~

£ -­

Cit,-

:__

____

_

Stlle_ · __ Zip;_ · -----------

Coctaa Pl!non Nlll:e'

..

_

  • Till!:

__________________ __

A~

~ - Cit)c

______

_

Stlle:___ Zip: . __________ __

Pl>oae: _____________ .F..: .

_______________

Email o.ddres• ----------------------- Typo of Appli<•lioo: 0 New Finmc:t>l !m1itu£ioc Appli<alioo

0 Amondod Fio.~Dci.olm

li tuti<m

Applitltion Prouam(s) b terested illlllill:; D Cll<:AP Loss R.e<m'O

0 c.!(:APC.Uilt

0 Ca!CAP AU lleso".ll<.es Bo.ud (ARB)

O EVCS

Typo of

bslittatioa

Fedenl-dwte:ed b.u:k

SU t ~bank

Cr!dit UDioc

Sni"ll• ossoci.arion

Miaobusine" Ltnder D Small busiDts.s :il:.vestmer.t c

  • mpaoy

0 ~

mtirution tllat h.u...c,utd 1 plltidpition ~with

the SBA ucdo. the &UUJ'lleod looo proyam Fmw:olotuler ..

deJicod pumlillll to the Califomill FmmciAI Code Section :12009 makio~ COI!IlllHCi.llloOIIS 15 defined

punw:c.t 10 tlu! c.Iifomia FilwH:W Code Section

:12502 ~

Combined capitol and ""J'lliS a< ID05t rocer.t fiscl1 yo.or eDd ------------ Number of leD&Iing 1>:oncbs ----------

Re¢arory ~cy

In=:il:.~ ~ecy
  • P!r Section 11071 oftlu!CPCFA R.o,gul&tiom., by emol!ing 151 c.!CAP FilwH:W lmli.QDoo:

The oppliwll cenifi!s lhlt tlu! applicmt fuw:cW lmlinltiotl is not subject B> • e&iO

  • t!d ~ist
O<do. or other ll!gul&IOIJ' SltiCtioo

with tho appropriate ti!dmll or sm1r ~tory

  • body. •·hit:b .-o:Ud il!:pair irs. •lrilny
10 pmi<:iplte in tho Prop-;m1.

The Finmc:aJ lnsliruion lgll!OS to folio•• tlu! Pn>uom 's proc!dures IS .., forth in tho Lnr and rho

~lions

f0!:11I11in!: tlu! CipjuJ AccessPrognm for Small Bmil:eSiOs. The Finmc:aJ lnsliruiOll ~gl!OS to pencil Ill oudil of any of

i1s records Rlltiq

to emollod Qulified Loins. clwiDl: aonna1 business hmn

  • irs prnniles. by tho Au1hori!y ar

in

lp!lll"- md to "'l'PIY such oilier infC~rm~lion cotH:I!IDillg "~ed

~i.fiod

Lams" wn

  • . req"li<Siod by
tho e...amve Direc01r. The fuw:cW !mtinu:ionad:cowil<lgos th11 the Authorily llld tlu!St>.1r wiU bn'O oo liability to tho PlrlidJlaliDl:Filwlcill tr.slirulioo omderllle Pn>gnm !l<Cept from f1mds depomed in tho Loss RMem! !\wr.mt for tho Puticipatiq Finmc:W !mtitation. The leodtr anilies thlt there hi\'!

bfeo 00 chl"l:es 1 0 tho swus

  • f tho finAcdaJ -0

sinct me arir;U>.alipp:iatioo ihll11'15 subrined to c.! CAP for appronl

if

thi$ is

an amtaded appli<llion. unless Gplained in • sepmtr <locutnem on tho Panidpo~ Finmc:aJ lm1iQDon's le<tortlHd.. Sole: all capiuliud<emu

Ill!

delinod inSoaioc &070oftlu! CPO'ARe~lions

.

Amhoriz.ed Si

gtW~n

Califo..U PolotiM C..,.olf'-0. AoiHntT UwOU.

~RJ!inr;

LACE RJ~I!Id

l or

Kroll

CaJ CAPID~ Est1bli5h Lom Loi!! hie'\~ Attoam -=: 0 Trustee Bonl 0 Parti<ipl~

Fimnrial lm1i!utioo

Approru S~tur

e

Eorollmflll O.tr E.cWliD CalCA.P@trnsurer.cuov

  • r fu

to (916) SS!I-2SO S

"'"

17

How to Participate

slide-18
SLIDE 18

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

18

Establishing a Loan Loss Reserve Account

  • Upon approval of the CalCAP Financial Institution

Application, a Loan Loss Reserve account will be established and held either by the Participating Financial Institution or the Program Trustee.

  • CPCFA will instruct the Program Trustee to deposit

contributions into the LLR account for each loan enrolled in the Program.

  • CPCFA will instruct the Participating Financial Institution
  • r the Program Trustee to withdraw funds from the LLR

account to pay claims and/ or borrower rebates.

slide-19
SLIDE 19

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

19

CONTRIBUTIONS

slide-20
SLIDE 20

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

20

Contributions

  • No lender or borrower contributions.
  • All enrollments receive a base of 20% of the

enrolled loan amount.

  • Two options to increase the contribution to a

maximum of 30%.

  • Multi-Unit Dwelling: 10%
  • Disadvantaged Community: 10%
slide-21
SLIDE 21

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

21

10% for Multi-Unit Dwellings

Multi-Unit Dwellings (MUDs) —

  • Classification of housing where multiple housing units are

contained within one building or multiple buildings within a complex or community.

  • Common types of MUDs include

condominiums, duplexes, townhomes, apartments, mobile homes, and manufactured-home parks.

slide-22
SLIDE 22

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

22

10% for Disadvantaged Communities

Disadvantaged Communities (DAC) –

  • The top 25% of communities that are disproportionately

affected by environmental pollution and socioeconomic characteristics as described by CalEnviroScreen 2.0 Tool (http://oehha.ca.gov/ej/ces2.html).

  • List of eligible DAC will be made available, and

eligibility will be based on the census tract where the EVCS is to be installed.

slide-23
SLIDE 23

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

23

Maximum LLR Contribution is 30%

Example: $50,000 Loan

Amount Item $10,000 20% LLR Contribution Base $5,000 10% Contribution for MUD or DAC $15,000 Total LLR Contribution deposited into the lender’s LLR account

slide-24
SLIDE 24

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

eves

Fi ru

~

Program Emibit A. An.xhment II

I

CaiCAP I C..ICAP loan ~

'Use Ooty J Date Received

EVCS FINANCING PR~ LOAH ~ROLMENT APPLICATION ~t.om. 1

·---

l.onder l ~
  • l.onderc:.....c:tl'larno

l.onderc:.....c:tEtnail

...

~·~

~-

~

  • ~d~PMKn

____________________________

TdW __________________________

__

__________

O!y ___ _ Ccunly _____ _

~

  • T~dB~
  • - AmwiR.wnuol.>.I 3Y""' s

._

______________ __

  • d

~ .-.......

__________ .

.--

  • ~
~-~ O!y

______________

Ccunly ____________ _pTo

~

NAICS~ Census Tract I lut:p:l~} 'f ec gg
  • t Geocodeld!fadt;lSPX
O.SC.plion dBigillo Projocl Ccsls (Purpose d l.oJn)
  • 1 gao !ct'xrnarion

TCI>Il.oJn-

1-

$ _______ _

loon- Em>llod n

~$,

______________________ _

Cl3P ofF"nc~ (Oze dlo>nL__

____

  • -'Mnny
D>lo __________ _

.,,_FQ,. ___

't.APR 0 Fi>Ed 0 Vanollle

I I

EVCSFiruncingProgram E><Nbil A. Alt>Ctvnonl II LENDER CERTlFICATION Enrolling ,a ~in the EVCS Fimncing Program r~N~U i f'@s tM Particip.;~ ti ng Fmanei.411 1 nstitution to certify to •aeh of t:l'w!! foUowing P~ R.gulmon ~ .
  • AJI
c:.tpit..11ized terms are demed in tM EVCS Firundng Program Regulations. 2) The business reot>Mng the 0Uali6ed loan is a OuaJified Busine-ss, as defined in the EVCS Financing Program Ro;Ualions. 3) The Participating F...-.ancial lnstitutiof'l will provide infofmation from financi.al records of the Borower~ request ot the Executive ~or
  • f the CPCFA, and lhe P3rticip.ning Firunci.X lnstihJtion h.ls obtained the consent d the
Borroo.ftr to such discfosureo. 4) The Panicipating FinanciallnstiW1ion has obtained a written repr-esentation from tM ~that the ~ 1\as no legal, beoeftcial or equit.abl+, interest in the Fees or the Matching Contribution. 5) The total amount d loans enrcled by the ~ i n the EVCS Fnancing Program does not excHd S500.000. 15) ThE' Particip.ning Financial Institution h.u obtained a 'Mitten representation from d1e Born:Jw.H th.-n it h.» WC~Sed
  • r
made ~on for all .lppticable liof.nse-s or penrit5 needed to conduct is bushe-s~ and carry olft the- pwpose d the lo>n. 7) na. P~ F.nanc:i.JI lnsti1ution h.lS not. and will not. enroll the ~ loJitl or portton tn&rt!Of in .vay Olhf.r government program subst.antialy s4milar to the Program. Q ) The Partic:ip.Wng FII'Uir'lci.al Institution .:knowt~s d'\.l.t its l ~ncing

~

~ ~ 5U~ to safety and soundl"'@u st.lneiards as 5et fotth in any applicable f.endiog regula bans. By~igning b.&ow ~
  • nrolling thi~

mn

1M P;r.rtic.ip.;l6ng Firunci;r,l IIHtitution c.rtifiH, bol~d in pM1 on i n fon~ ion provided by the BorrowK. that each oftht above- assuraneH is true M')d xcurat•. Toll•
  • .c.
  • Pertn~q:

______

'1.

~

·-

Notes::

__

,

R~ e hnourC: S

I

When campl«e, pleaH wnd 10: C.JICAP@tn!asu-e-r.ca.govor by f.u: (Q115) 589-2805

24

Loan Enrollment Application

slide-25
SLIDE 25

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

25

Loan Enrollment Application (cont’d)

slide-26
SLIDE 26

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

CMcni•PolulionConlni F~lui>l:dy EVCS F inancing Program 915 c.ptd

Mal Roan -467

CaiCAPa!:!:.l5lftf'.C3 . ~ ~CAQ0814 En bitA.At!.>Chmont 11 F""(918) 5EIII-2S05 Addit ional lnfonna1ion for Completion by the Borrower Manufacturer: Model(s): Total Urvts to be Purchased: Nl.mber of Networl<ed Commooication Units: T
  • ta1 number of charl_li"'l pats:
Total EVCS Cost: Estimated inslalafjon oost: (Business Name) (Print Borrower's Name) (Borrower's Signature) (Date) (Business Address) (Phone Number) (CPCFA Review: Signature and Trtle) (Date) When oomplge. pte ase- send ;o: C .1 1CAP~ re .ure r . ca . gov
  • r by
fax ( QH~ } !580-28~

26

Loan Enrollment Application (cont’d)

slide-27
SLIDE 27

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

27

CLAIMS

slide-28
SLIDE 28

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

28

Claims

If an enrolled loan is charged-off:

  • Lender has 120 days after charge-off to submit a claim to CPCFA
  • May recover up to 100% of the enrolled loan amount (if funds are

available in LLR Account), and future loan enrollments can compensate for shortfalls on previously paid claims.

  • Lenders may be reimbursed for:
  • Outstanding Principal
  • Accrued and Unpaid Interest
  • Reasonable Out-of-Pocket Expenses
  • Lender shall follow its standard collections and recovery procedures

before and after a claim is filed with CPCFA.

slide-29
SLIDE 29

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

CALIFORNIA CAPITAL ACCESS PROGRAc \1 Ci!lifolllia Pollutioc Coorrol Fil:mcir.g Authority 915 Capitol :MaD. Room457 'lamtll2lUO, CA 95&14

Te!t!pholll! (916) 65 4-5610 Fu (916) 5&9-2&05 CaiCAP FL'i

.~ C LU. I~ iS TITUTIOS

CL-\L\1 AP PLICA TIOS NOn:: A l2I!dor i> required 10 ootify lh~ AU!bority withiJl 120 ~

  • : wl
~ l t he le~

h!• clwged off all OI pan o: • qu.olified loan a<> re;ult of dffa"J!J by • borroWI!L If the form ii filled om properly and the lond!rhas fil:th.fully<omphed ailh CaiC

  • .u>

reqWn!=;, CPCF

A will autborizelbe ProgAm l!U5t

.. to n!imblus• tbe l!!Dder from the lwor·s !ass '""'""' auour.t wit!liD 30

businos• d.lys.

~·~

  • Lelllier's CalCAP 1D ~
:. ___________

_ Let:derComact: N&tm:

___________

_ Cal CA P Lo.m Kwnber_ · ---------------------

Pboli!- Bouo"P.-er's !S'ame:: A&h ~ - -

  • Bot:rower DBA:

Loo.11 Jnfo

na.Ii ~n

Or;.,-m..J Pricripal Amouct of Lo;m: ______________ _ Oefault AmoUitl:. _________________________ _

ts thi> loac .ecured? DYe> []No Date ofLom·

.. _
  • Da~ofDefu
~ ~ .- ­ Do~
  • f~e-of:
  • If~
. whiu formohec!rity

_________

_

lhs the lo.ln in

the fust Slmilioc ofCaiC

  • .u> looi::; u::acl! hyl!Dder?

D Yes ON•

Ha"'I!I:!orcem!tnproc~ho .~ !
  • YI!S ON•

Let:der's priority ofclo!m (If

two or

IIJClro cW=

filed by leader):. ____________________ _

CU:im lllftmnotio" <ntmrdl!;g Prin<ipal A«rued a&d Uttjlaid IDt!rest t

.._ ________________

_

(ht-of-;>o<ket !l0Jl

.. nle5 (Anarh derailed !lOJllan.lRDll) To1al

PIHso a

H u~

lo

..

mtorr upon.

  • n.

Ieeder a-.rr.mts !hi> cJ>ilD ii

hoil:g filed withic l20 d•>• of tb• loan hoing rhiuged offa&d that c.harge--<>ffv.-as cocsimlll with lh• !•od•{ s II5Ual utllod; for taking aaioc on loam not 1!1:1olled in the Pro

gam.

  • Lender v.ill a.; CPCF

A's agem. pur;u• odditiooal recO\-ery on !hi> doulted loac through I!~ a! proc

..

di!:gs. se~ acd

E~ :Dda!ioc
  • :

coll.m.rol g:um~e;

. on:llor olhor sourco;.
  • Lendi!I certifi..,; il

h!5 gj\-.m t:atice to 11!.• A U!hority of 112 it:ilial emoCmmt of the lo;m ill ColCAP. allll eitbor: (l) has gj\'ec cotico to lho Au!boriiy ofacym:•w.ili .. e.mnsiotlSoflbe loaJ:.: 01 Q) lho Joan W3.S cot:nn,.,usly m:.ewed or~

!<illl:etbe date o:its it:ilial enrollm>m iD CalCAP.

Aathonud Stgnarure

Dm

Tille

I

I 29

Claim Form

slide-30
SLIDE 30

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

30

REBATES

slide-31
SLIDE 31

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

31

Borrower Rebate

  • Paid to the Borrower and equal to 50% of the LLR

Contribution for the enrolled loan.

  • Ex: $15,000 contribution results in a $7,500 rebate.
  • If the Borrower qualifies for the rebate, CPCFA will authorize

the Participating Financial Institution or the Program Trustee to withdraw funds from the lender’s LLR account to pay the rebate.

  • If the Borrower does not qualify for the rebate, the Lender

must notify the Borrower of rebate ineligibility.

slide-32
SLIDE 32

32

Rebate Eligibility Requirements

  • Borrowers permitted no more than one 30-day late payment.
  • Borrower is eligible when loan is paid off or in month 49,

whichever comes first.

  • Borrower must provide the lender a copy of an Electric

Vehicle Charging Station Certificate of Commissioning relative to the EVCS financed.

  • Borrower must certify that any outstanding balance of the

loan was not refinanced with any Participating Financial Institution.

slide-33
SLIDE 33

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

CALCAP E\'CS f1!\A.>.;CJ:-;G PROORA.\1 CalifDa:is Pollt:tion COI:1IOI f i=ciO~ Autl:ority 915 Capito!JI.lall, Room 4r Saaam..:to, CA 95&14 Telopl:or.e (916) 654-5610 fax (916) 5&9--2&05 EYCS FJJiiAl\Cll"GPROGRAAJ BORROWER REBATE REQIJESI KOTE: A I~ iJ .-.qui<ed to

notifyth~ A uthuitywithiD

90 calend3r<!a}-s oh~

th~

boaow.rC!1laJiii

..

fortl:ePmgmmR..ob.ne1:ll<!.r Section 8.07&. 7

  • lthe PmgmmRegul!!iom.
1ft!:~

fumt ~.filed"'-"

propedy, ot!d til!

l~ot!d

boaowerbve complied "itbthe EVCS f il:.!ll<ing Progmm Regul!!ims, CPCFA ,.;n

Slrth«izi! thep.!)-metl.t of s Boaow2rRebate from the Portitipalir.g fil!3!!Ci& lt!.!ritlltion'• r..o.. Rsen ·

  • aACCO'I.!llt ·

within 30 calen:darda;'J.tmleY. CPCF A ~"'lira addit:ia:.al illfonmt1m ino!d~ to \o":!lidlti! paym'!llt ofaBomm :

.a" Rebata

Borrower l !!(gnru

uiolf

l..el!di!!'• Cal CAP ID "'=

  • Cal

CAP Lcm Kmaber: ___________

__

P arud~n~
  • Bu:>Jn.u:Mme: ----------------

l..el!der Cor.taa: Kame:

____________

_ DBA: _____ ___________ _ Pltolle:

__________________

_ Kame ofR

..

J'OL'ible Penon:------------ Email: __________ _ Title: ________________ _

AmU~ : __________________

__

~biling~_u : ____________

__

P ltoleK~l>2<:

_____________

_

Lot!l! flt/DT

IPUJJiD/1

Origiml Principal Amount o!Loon:

_______

  • ,---

DMe ofLcm: _ _______________ _ COtl.tributionAmmmt:

_____________

_ Rebate EligibilityDMe:

_____________

_ Reh!Ie Am.OUllt: Bo"own Cnljlkg.dg11 1.) B=

·.r cenJ.fi

..

tlt!th.,shelw pro'idal the P

arud~ng f imnci al!Dltinrtion "itha.opy
  • la

Elec:tric Vehicle Cll3ro-,J.ng Station C.rti.fi. cste ofC""'-"liuJoning PJsti\-. to the E\'CS 6ltlllC.ed. 2.) B=·er cenJ.fi

..

tbt

  • ny wutm:dillg ~
  • f

the !em repoid st the time of applicstion for the B=-.. Rebate ,..., not

~

into another aedit •tn:c!\tr2 " iths.ny P

arud~ng

Fimncial lnotinrtion. (Print Kame ofR

..

pon.ible P"""n) (Kam• ofR

..

por.lible Pemon"o Si~e

)

(D3le) Loulo Cnljlkg.dg11 1.) Lender c.rtifi

.. the B=-..

had no more thm OI:e 30-d!y 13le P-!}"lll..:t on the Qualified Lom. (E\

i d~

Req1li!ecl) 2.) Let!.d2r certi.fi., theQtWi.fied Loon lw be!n poidoff or tony-eight montlu have eJ.p..."<< from tl:e done of.fiJ>t .mmz...m,_t of the Qualified Lom, ,.·l!dchev<!r u roo= (Evidmce RequiBI) 3.) Lender c.rtifi

.. tlt!tt!:e B=·.r lw

PlO'ided a oopy of a Electric Vehicle Charging Statione.rti.ficste ofComiuionin~ relativ• to theE\'CS 6m!roed.

If

lite Bom,.nr

~Des IIDL qualify for lite

Bomn,..r Reba to pleu• dleck tile box belo"· ud •late tile ru>oa for d

~ q a alifica ti
  • a
.

D The!>=-.. does notcp!alif}· for the Borrow"' Rebate. R~

'-

Al!thorizacl SigJ!311!1i! ot!d Title

I

AirlliOiiiOd Sijlii1iire

I

Date

I

Amount $

33

Rebate Form

slide-34
SLIDE 34

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

34

Maximum LLR Contribution is 30%

Example: $50,000 Loan

Amount Item $10,000 20% LLR Contribution Base $5,000 10% Contribution for MUD or DAC $15,000 Total LLR Contribution deposited into the lender’s LLR account $7,500 Rebate (equal to 50% of the total LLR contribution) $7,500 Remains in lender’s LLR account if borrower qualifies for rebate

slide-35
SLIDE 35

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 35

Lender Enrolls Loan in CalCAP Borrower installs EVCS at Place

  • f Business

Loan is paid off Borrower qualifies for rebate Lender submits Rebate Application to CPCFA CPCFA withdraws funds from LLR Account to pay Borrower Rebate Loan goes into default Lender submits Claim Application to CPCFA If approved, CPCFA authorizes payment to lender from lender’s LLR account Lender continues collection efforts as appropriate Borrower does not qualify for rebate Lender submits Rebate Application to CPCFA Both the Lender and CPCFA notify borrower of rebate ineligibility

slide-36
SLIDE 36

36

Additional Program Elements

  • Loans may be enrolled in the Program for a maximum of 48

months; however, loans may mature at a later date.

  • The EVCS must be installed in California at the borrower’s

place of business or Multi-Unit Dwelling.

  • At this time, the CalCAP EVCS Financing Program Regulations

do not permit leases.

  • For a full description of CalCAP EVCS Financing Program

requirements, please refer to the Program Regulations:

http://www.treasurer.ca.gov/cpcfa/calcap/regulations/20140624/regulations.pdf http://www.treasurer.ca.gov/cpcfa/evcs/regulations.pdf

slide-37
SLIDE 37

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

37

PROGRAM ELIGIBILITY: BORROWERS

slide-38
SLIDE 38

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

38

Eligible Borrowers

  • Any corporation, partnership, cooperative, or other entity,

whether that entity is a nonprofit entity or an entity established for profit, that is authorized to conduct business in the state and has 1,000 or fewer employees.

  • Lender may enroll up to $500,000 per borrower
  • Ineligible Borrowers:
  • Persons (individuals)
  • Public Entities
slide-39
SLIDE 39

Prohibited Business Types

Adult Entertainment

Tobacco Sales or Manufacturing

Liquor Stores/ Bars Gambling

Gun Related Sales

Illegal Activity

slide-40
SLIDE 40

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

40

PROGRAM ELIGIBILITY: PROJECT COSTS

slide-41
SLIDE 41

41

Eligible Project Costs

  • Design and development of EVCS.
  • Acquisition of EVCS supply equipment, electric panel or

grid improvements, materials and supplies (including conduit and construction materials), signage, and hardware and software necessary for fully operational charger(s).

  • Labor to install, operate, and maintain fully operational

EVCS during the term of the loan.

slide-42
SLIDE 42

42

Eligible EVCS Technology

Type of EVCS Compatible Network Connector Types Interoperability* Level 2–

  • SAE J1772
  • pen standard

Alternating Current standard protocol Chargers Direct Current Fast Chargers

  • CHAdeMO

standard

  • pen standard

protocol

  • SAE combination

standard

  • pen standard

protocol

  • CHAdeMO/SAE

combination standard

  • pen standard

protocol

CHAdeMO standard SAE J1772 standard This vehicle uses the CHAdeMO standard for DC fast charging and the SAE J1772 standard for Level 2 charging.

*Open standard protocol is waived for medium- and heavy-duty EVCS supply equipment

slide-43
SLIDE 43

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

43

Eligible Technology

EVCS Technical Requirements:

  • The technical requirements are certified by the Borrower on

the Loan Enrollment Application and will be available on the CalCAP EVCS Financing Program website.

  • Please refer to the following link for Frequently Asked

Questions related to the technical requirements: http://www.treasurer.ca.gov/cpcfa/evcs/response.pdf

slide-44
SLIDE 44

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

44

HOW TO PARTICIPATE

slide-45
SLIDE 45

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

45

How to Participate

Reminder:

  • The first step toward participating in the CalCAP EVCS

Financing Program is to complete the one-page CalCAP Financial Institution Application, which may be found here:

http://www.treasurer.ca.gov/cpcfa/calcap/forms/application.pdf

  • Please submit this application to the CalCAP inbox:

CalCAP@treasurer.ca.gov

slide-46
SLIDE 46

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

46

Q & A

slide-47
SLIDE 47

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

47

Questions?

CPCFA Mainline: (916) 654-5610 Email: CalCAP@treasurer.ca.gov Mail to: California Pollution Control Financing Authority CalCAP EVCS Financing Program 915 Capitol Mall, Room 457 Sacramento, CA 95814 Web: http://www.treasurer.ca.gov/cpcfa/calcap/index.asp

slide-48
SLIDE 48

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

48

CalCAP EVCS Financing Program

Thank You!

California Pollution Control Financing Authority