0974 Pollution Control Financing Authority
Program Descriptions

0876 - CALIFORNIA CAPITAL ACCESS PROGRAM (CalCAP) FOR COMPLIANCE WITH THE AMERICANS WITH DISABLITIES ACT

The objective of this program, created by Chapter 787, Statutes of 2015 (AB 1230), is to help small businesses comply with the federal Americans with Disabilities Act and increase access for their employees and customers by encouraging lenders and other financial institutions to make loans to very small businesses to finance tenant improvements. The Legislature provided CPCFA a continuous appropriation of $10 million effective January 1, 2016 to administer a credit enhancement program following the CalCAP model and create loan loss reserve accounts for lenders that enroll qualifying loans into the program.