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Helena commission hears presentation on commercial PACE program; staff to return with resolution of intention
Summary
City staff and a statewide CPACE administrator briefed the Helena City Commission on Commercial Property Assessed Clean Energy (CPACE), explaining how liens and county tax systems would be used; commissioners asked for clarifications and staff will bring a resolution of intention at a regular meeting in the coming weeks.
City finance staff presented a plan to establish a Commercial Property Assessed Clean Energy district (CPACE) for properties inside Helena city limits and told commissioners they will return with a resolution of intention in the coming weeks.
The presentation described CPACE as financing that allows commercial property owners — including qualifying multifamily dwellings — to get long-term, private-sector loans for energy efficiency, renewable energy, seismic upgrades, flood and fire hardening, and other building resilience measures. A city finance staff member said the city would establish the district within municipal boundaries and that the…
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