A post on Facebook prompted me to look into this program's funding . If you've purchased your ID.4 and reside in California, get your application in!
As of their March 2021 report, they are estimating CVRP funds will run out as early as May, as late at July.
Application wait time is 76 calendar days, unless income verification is necessary, in which case 137 days.
As of today, the general fund has just under $10 million, and the low-income fund is similar.
Income eligibility caps are $150k single filer, $204k head-of-household, $300k joint. Additional funds are available for low income households.
The process seems complicated at first read, but once the application is started, it's straightforward:
- scan of Drivers License for proof of residency
- sales contract or lease document
- application for registration
- print, sign, scan, and re-upload their application page
All of these docs have individual guided upload windows, so the process can be "walked through," paused midstream, and gotten back eck to later.
They'll ask for basic gross income data on the web form, but may not ask for income verification documents (or may request them at a later date), which consists of an IRS form to request transcripts, but can also include the IRS transcripts themselves (obtained and uploaded by the applicant, via a 20 minute process on the IRS website — I tried it just because, but the CVRP website didn't ask for any of the income verification documents).