South Coast Air Quality Management District

Grant and incentive program allocations are administered under the authority of Executive Officer Wayne Nastri, who manages day-to-day district operations and strategic implementation. The 13-member Governing Board — chaired by Vanessa Delgado with Michael A. Cacciotti as vice chair — sets policy and budget priorities. Final authority over major program commitments, including the Carl Moyer Program and INVEST CLEAN, rests with the board.

South Coast AQMD does not source conventional investment deals; it receives applications through structured grant and incentive solicitations tied to regulatory mandates. Programs target specific fleets, technologies, and geographic areas — for example, the Mobile Source Air Pollution Reduction Review Committee issues calls for electric bus and charging-infrastructure proposals. Project pipelines are influenced by partnerships with the Port of Los Angeles, Port of Long Beach, and state agencies.

South Coast AQMD participates exclusively in direct grant-making and incentive disbursement. There is no evidence of fund commitments, co-investment vehicles, or private fund structures in its publicly disclosed activity. Treasury funds are held in the Los Angeles County Pooled Surplus Investment Portfolio and California's Local Agency Investment Fund, which function as short-term public-investment pools, not discretionary allocations.

South Coast AQMD's capital deployment focuses on deployment-stage and commercial-adoption funding rather than early-stage venture. The Carl Moyer Program, Clean Fuels Program, and INVEST CLEAN all fund existing fleets and operating entities transitioning to lower-emission equipment. Eligible recipients include municipalities, transit agencies, port terminal operators, and private trucking firms with existing operations in the basin.

South Coast AQMD coordinates with the California Air Resources Board on state-level implementation plans and with the U.S. Environmental Protection Agency on federal grant compliance. It maintains formal business partnerships with both agencies for funding and regulatory alignment. The district also collaborates with the Ports of Los Angeles and Long Beach through joint zero-emission infrastructure agreements, but operates autonomously as a regional public body.

The district's grant and incentive capital derives from a combination of federal EPA appropriations, California state vehicle-registration and emissions-related fees, and settlement funds. Day-to-day operations are funded through permitting fees, regulatory penalties, and annual emissions program charges on stationary sources. Treasury cash is pooled in Los Angeles County and state investment vehicles rather than actively managed.

South Coast AQMD runs several programmatic funding vehicles — including the Carl Moyer Program, Clean Fuels Program, and INVEST CLEAN — that function as public-purpose capital distribution channels rather than independent philanthropic foundations. A separate South Coast Air Quality Management District Building Corporation exists for real estate purposes, but no grant-making foundation separate from the agency itself is disclosed.