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Commissioners authorize local participation in state CPACE program to expand financing options for resilient commercial projects
Summary
Board approved notice and resolution to participate in the state CPACE program, a financing option for commercial projects that meet energy efficiency or resiliency standards; staff said the county assumes no loan liability under the state program.
The Brunswick County Board of Commissioners approved local participation in North Carolina’s Commercial Property Assessed Clean Energy (CPACE) program on June 16, allowing commercial and certain industrial projects that exceed building code minimums for energy efficiency or structural resiliency to use CPACE financing.
County staff described CPACE as a statutory…
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