Rural Electric Vehicle (EV) Charging Station Business Loan Guarantees
The U.S. Department of Agriculture (USDA) Business & Industry Guaranteed Loans Program provides loans guarantees for the purchase and development of land, buildings, and associated infrastructure for commercial or industrial use. Loans may be used to finance EV charging station equipment for retail and public use. Entities eligible to receive loan guarantees include individuals, commercial entities, non-profit organizations, state and local governments, and tribal governments. Additional terms and conditions apply. For more information, see the USDA Rural Development Business Programs website and EV Infrastructure fact sheet.
(Reference 7 U.S. Code 1932)
Jurisdiction: Federal
Type: Incentives
Agency: U.S. Department of Agriculture
Technologies: EVs, PHEVs
See all Federal Laws and Incentives.