Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Alexander County adopts resolution of intent to participate in statewide CPACE program
Summary
The board adopted a resolution of intent to participate in North Carolina’s CPACE program (Senate Bill 802). County Attorney Ben Falconberry said the program lets qualifying commercial and multifamily owners access private long‑term financing for energy, water and resiliency upgrades; the county’s role would be limited to recording assessment liens.
Alexander County commissioners voted Dec. 8 to adopt a resolution of intent to participate in the Commercial Property Assessed Capital Expenditure (CPACE) program established by North Carolina Senate Bill 802 (2024).
County Attorney Ben Falconberry outlined CPACE as a financing tool administered by the Economic Development Partnership of North Carolina (EDPNC). Under the program, private capital providers…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
