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Causes: Public Transportation Systems
Mission: The community development transportation lending services (cdtls) is organized to lend funds to small businesses as well as public and private community organizations primarily serving disadvantaged people living in distressed urban and rural communities.
Programs: Community advantage loan program (calp): funded by cdtls whereby the small business administration (sba) has guaranteed 75-85% of the repayment of the loans receivables to cdtls.
smartway:smartway 1: funded by epa and designed to provide environmentally cleaner, more fuel-efficient transportation options. This program offers loans in order to help small trucking firms lower their fuel costs and their carbon footprint by purchasing newer used trucks and idling- and emissions-reduction technologies. Smartway 2: funded by epa and designed to improve air quality nationally by reducing emissions from in -use diesel engines. This project implements an innovative financing program that will incentivize buyers to purchase newer, cleaner trucks. The project focuses on buyers operating in poor air quality areas, including ports and rail yards. Funds are used to replace older existing vehicles with cleaner, newer vehicles equipped with verified emission control and/or idle reduction technologies.
intermediary relending program (irp): funded by usda to provide low interest loans to local intermediaries that re-lend to business and for community development projects in rural communities.
This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.