Heavy-duty charging loan program
Illinois Finance Authority | State of IllinoisIllinois- Detected
- Oct 20, 2026
- 14 days ago
- Sector
- Transportation
- Est. value
- Free account
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From the meeting
At its October 20, 2026 meeting the Authority created the Heavy Duty Vehicle Charging Loan Program. The program will use about $10 million in CPRG grant funding for medium- and heavy-duty vehicle charging infrastructure, including electrified depots, fleet charging installations, and corridor charging hubs. The agency is now authorized to develop the loan product and related contracts, making this an open path for charging and infrastructure work.
- Meeting date
- October 20, 2026
- Agency
- Illinois Finance Authority | State of Illinois
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