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County attorney briefs commissioners on new North Carolina CPACE program; board asks for follow-up information
Summary
Johnston County's county attorney briefed commissioners on the newly available North Carolina CPACE program, a voluntary statewide financing mechanism that enables private long-term funding of energy-efficiency and resiliency upgrades and is administered by the Economic Development Partnership of North Carolina.
Jennifer Slusher, Johnston County's county attorney, introduced the North Carolina CPACE program to the Board of Commissioners on Aug. 4, describing it as a newly authorized financing tool that allows private capital providers to fund energy-efficiency, resiliency and water-conservation improvements on qualifying commercial, industrial, multifamily (five or more units) and certain nonprofit properties.
"In 2024, the General Assembly created the CPACE Act," Slusher said. She told the board the Economic Development Partnership of North…
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