American Recovery and Reinvestment Act Funding for Smart Way Clean Diesel Finance Program

The EPA’s National Clean Diesel Campaign and SmartWay Transport Partnership is announcing the availability of funding assistance through the American Recovery and Reinvestment Act of 2009 (Recovery Act), and the Energy Policy Act of 2005 (EPAct 2005). Under the Recovery Act and EPAct 2005, EPA’s SmartWay Clean Diesel Finance Program is soliciting applications for projects that can be commenced expeditiously and that reduce diesel emissions and maximize job creation and preservation through the creation of national, state or local innovative financing program(s). Innovative financial projects include, but are not limited to, those where the loan recipient receives a unique financial incentive (i.e., better than regular market rates or conditions) for the purchase or of retrofitted vehicles or equipment. This synopsis will be modified when the full announcement is posted.

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