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Commissioners approve CPACE assessment agreement for Home2 Suites project on East Trout Road
5676519 · August 27, 2025
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Summary
The board approved a statement of levy and lien enabling CPACE financing for a new Home2 Suites hotel; eligible project costs estimated at $1.6 million of a roughly $20 million development.
Centre County commissioners voted to approve the statement of levy and lien assessment agreement that clears the way for CPACE (Commercial Property Assessed Clean Energy) financing on the Home2 Suites hotel project on East Trout Road in State College.
Sustainable Energy Fund representative Elaine Evasovic Lozada and Scott DeStef of SCF briefed commissioners on the…
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