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Falls Church adopts commercial CPACE program to boost private financing for green building upgrades
Summary
The Falls Church City Council voted 7–0 to adopt TO25‑20, a commercial PACE ordinance that lets local property owners access financing through the Virginia PACE Authority for energy and resilience upgrades. Staff said the program shifts approval of individual projects to the authority and will be promoted to eligible commercial owners.
The Falls Church City Council voted unanimously to adopt TO25‑20, establishing a commercial Property Assessed Clean Energy (CPACE) financing program that will let commercial property owners access long‑term capital for energy‑efficiency and other green building improvements through the Virginia PACE Authority.
Kurt Lawrence, the city’s environmental sustainability coordinator, told council the second‑reading staff report mirrors the version heard at the…
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