Clackamas County directs staff to develop CPACE program for future consideration
After a policy session explaining Commercial Property Assessed Clean Energy (CPACE) financing and options, the board directed staff to develop a CPACE program and return with proposal options; commissioners flagged lien priority, foreclosure and qualifying thresholds as areas for further work.
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Dan Johnson, director of Transportation and Development, introduced CPACE as a statutorily authorized tool counties may use to help commercial property owners finance energy, water, seismic and other qualifying improvements by placing a county-managed lien on the property to secure repayment.
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