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Helena adopts CPACE program to finance commercial energy and resilience projects
Summary
The commission approved a Commercial Property Assessed Capital Enhancements (CPACE) program to allow long-term financing for qualifying commercial and nonprofit sustainability and resilience projects.
The Helena City Commission on Sept. 8 voted 5-0 to establish a Commercial Property Assessed Capital Enhancements (CPACE) program, creating a local mechanism for long-term financing of certain commercial and nonprofit sustainability and resilience projects.
Public Works Director Leland described the program as coming via recent state legislation and said it allows “low term low cost, long term funding to be able to do sustainability projects such as water, stormwater…
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