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Committee OKs measure to let St. Louis join Missouri Clean Energy District for CPACE financing
Summary
The committee voted 6-0 to give Board Bill 80 a due-pass recommendation, authorizing St. Louis to join the Missouri Clean Energy District (MCED) and thereby allow property owners access to an additional administrator for Property Assessed Clean Energy (CPACE) financing; sponsors said the program is voluntary and uses no city tax dollars.
St. Louis — The Housing, Urban Development and Zoning Committee recommended passage of Board Bill 80, an ordinance to enable St. Louis City to join the Missouri Clean Energy District (MCED) so property owners may obtain Property Assessed Clean Energy (CPACE) financing through an additional authorized administrator. The committee voted 6-0 in favor.
Sponsor Charmaine Clark Hubbard summarized the bill as a no-cost authorization that…
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