Rural Community Electric Vehicle (EV) Loan Guarantees

The U.S. Department of Agriculture (USDA) Community Facilities Guaranteed Loan Program provides loans to eligible lenders to develop renewable energy systems in rural areas, which include EVs for use by essential community services and EV charging stations for fleets, public parking locations, and community facilities. The maximum loan guarantee is $100 million. Entities eligible to receive loan guarantees include public entities, tribal governments, and non-profit organizations. Additional terms and conditions apply. For more information, see the USDA Community Facilities Programs website and EV Infrastructure fact sheet.

(Reference 7 U.S. Code 1989)