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The California Air Resources Board and the California Pollution Control Financing Authority, part of the State Treasurer's Office, announced they have hit the $100 million mark in financial assistance to small-business truckers to purchase cleaner equipment.
The funding is provided through a program that provides small businesses with financial assistance to obtain loans or lease-to-own arrangements so they can purchase newer, cleaner trucks ahead of schedule for state clean truck and bus regulations.
"The success of this program means that truck owners are serious about using the financing options available to them to prepare for the...