Coachella Valley Open Space Acquisition Program
🏛 Coachella Valley Mountains Conservancy (California)
✓ Free, no account · Source: California Grants Portal · Last verified Jul 10, 2026
Can you apply?
This grant is for non-profit and public health facilities seeking equipment financing through California's Tax-Exempt Equipment Financing Program. Applicants must be 501(c)(3) nonprofits or public health facilities (like district hospitals) as defined by the Authority's Act. Your organization must have operated for at least three years, providing the same services, and demonstrate fiscal soundness and ability to repay.
Funds support the purchase of qualifying equipment and minor installation costs. Loans must exceed $500,000 in minimum amount. You'll need market-rate fixed interest and a maturity period tied to equipment useful life.
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Program description
Grants are provide to acquire mountainous or natural community conservation lands in the Coachella Valley and its surrounding mountains, or in limited cases, to provide capital improvements on existing conservation lands. Priority acquisitions are those that support the implementation of the Coachella Valley Multiple Species Habitat Conservation Plan. Matching funds are preferred, but not required.
Who can apply
Eligible applicants
How to apply
Application links
Required documents
- Three most recent fiscal years of audited financial statements
- Proof of 501(c)(3) status or public health facility designation
- Evidence of three-year operational history
- Equipment specifications and purchase documentation
- Loan application with demonstration of repayment ability
Program contact
- 📧 drosas@cvmc.ca.gov
- 📞 1-760-776-5026
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2020-2021 | 5 | — | 0% |
| 2021-2022 | 3 | 3 | 100% |
| 2022-2023 | — | — | — |
| 2023-2024 | — | — | — |
| 2024-2025 | — | — | — |
| 2025-2026 | 1 | — | 0% |
Source: California Grants Portal
FAQ
What types of organizations can apply for this equipment financing?
Non-profit 501(c)(3) corporations and public health facilities (like district hospitals) are eligible. Your organization must have operated for at least three years providing the same services.
What can I use the loan for?
You can purchase or refinance qualifying equipment and finance minor installation costs. Equipment must meet the program's qualifying criteria.
What is the minimum loan amount?
The minimum loan is $500,000 with no stated maximum. Interest rates are market-determined and tied to equipment useful life.
What financial documents do I need to submit?
You must provide three audited financial statements from the most recent fiscal years. You'll also need to demonstrate fiscal soundness and repayment ability.
What are the upfront costs?
There's a $500 non-refundable application fee, plus an initial fee of 0.05% of the loan issue amount, and $400 annual administrative fees while the loan is outstanding.
💡 Tips for applicants
- Prepare three years of audited financial statements early; lenders scrutinize health facility finances carefully. Poor audit results will likely lead to denial.
- Confirm your equipment qualifies under the program's definition before investing application time. Ask CHFFA staff to pre-screen equipment types.
- Ensure the equipment's useful life reasonably matches your proposed loan maturity. Mismatches raise red flags during underwriting.
- Document your three-year operational history with evidence of consistent service delivery. New programs or service changes within three years weaken your case.
- Build in time for underwriting and loan closing. Health facility loans rarely move quickly; expect 90-120 days minimum from application to funding.
⚠️ Common mistakes
Underestimating the time commitment for detailed financial underwriting. Health facility loans require extensive fiscal documentation; incomplete submissions cause delays. Proposing equipment without confirming it meets program-specific qualifying standards.
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