The Biden administration has provided more details on how the $2.5-billion Charging and Fueling Infrastructure (CFI) Discretionary Grant Program will be disbursed over five years. The first round of funding offers up to $700 million in fiscal years 2022 and 2023.
The CFI grant program is a part of the Bipartisan Infrastructure Law (BIL), which allocated $7.5 billion to support EV charging infrastructure in the US. The CFI funding is available to states, municipalities and tribal territories. Grants may fund up to 80% of the cost of building charging infrastructure for eligible entities, up to $15 million for each application.
The program will provide grants through both the Community and Corridor Programs. Much of the CFI funding will be devoted to Level 2 chargers, with a special focus on deploying charging stations in rural and low-income communities.
The Electrification Coalition offers resources to guide organizations through the process of applying for funding pathways:
- The EV Funding Finder helps eligible recipients identify federal funding opportunities.
- The AchiEVe toolkit includes the latest information on state and local EV policies.
“Convenient and reliable charging is essential for the widespread adoption of EVs.,” said Ben Prochazka, Executive Director of the Electrification Coalition. This funding opportunity will dramatically increase the number of charging stations in communities that need them most. We strongly encourage cities and other eligible entities to apply for this crucial funding.”
Source: Electrification Coalition