From their web site at http://www.lib.berkeley.edu/brii/ the University of California has announced a pilot project co-sponsored by UC Berkeley's Vice Chancellor for Research and the University Librarian. The brief announcement reads as follows...
"The Berkeley Research Impact Initiative (BRII) supports faculty members who want to make their journal articles free to all readers immediately upon publication.
An 18-month pilot program, BRII will subsidize, in various degrees, fees charged to authors who select open access or paid access publication. The pilot will also yield data that can be used to gauge faculty interest in, as well as the budgetary impacts of, these new modes of scholarly communication on the Berkeley campus."
Additionally offered is a new program announcement, a program description, frequently asked questions and instructions for application and reimbursement.