Ohio Incentives and Laws for Loans and Leases

The list below contains summaries of all Ohio incentives and laws related to Loans and Leases.

State Incentives

Heavy-Duty Emission Reduction Grant and Loan Program

The Ohio Department of Development administers a Diesel Emissions Reduction Grant Program and a Diesel Emissions Reduction Revolving Loan Program for the purpose of reducing emissions from diesel engines. Eligible entities may use this funding for:

• Projects related to certified engine configurations, including new, rebuilt, or remanufactured engine configurations the U.S. Environmental Protection Agency or the California Air Resources Board has certified;
• The purchase or use of hybrid electric and alternative fuel vehicles that are allowed under U.S. Federal Highway Administration Congestion Mitigation and Air Quality (CMAQ) program guidance; or
• Installation of verified technology including pollution control devices, retrofits, and development of truck stop electrification and auxiliary power units.

To be eligible for funding, fleets must operate at least 65% of the time in a particulate matter (PM) 2.5 and/or ozone nonattainment or maintenance county. Private fleets are eligible, but they must establish a public-private partnership with a government organization that is eligible for CMAQ funds in order to apply for funding. (Reference Ohio Revised Code 122.861)