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Senate bill expands CPACE to cover resiliency and public‑safety projects for private buildings
Summary
Senate Bill 458 would add public-safety and resiliency improvements to Montana’s CPACE commercial financing program, allowing private property owners access to long-term financing for seismic upgrades, indoor-air and asbestos remediation, flood and stormwater measures, backup power, and firearm-storage infrastructure tied to public programs.
Senator Ken Bogner presented Senate Bill 458 to expand eligible projects under Montana’s Commercial Property Assessed Capital Enhancements (CPACE) program beyond energy efficiency to include public-safety and resiliency measures. The bill lists six additional project categories: structural resilience (seismic), indoor-air quality and asbestos mitigation,…
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