Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
State CPACE program briefed to Bedford council; staff workload, opt-in discussed
Summary
The BFA presented New Hampshire's new Commercial Property Assessed Clean Energy and Resilience (CPACE) program to the Bedford Town Council. Councilors expressed interest and raised questions about municipal recordation, staff workload, district definitions and liability; no action was taken.
James Key Wallace, executive director of the New Hampshire Business Finance Authority (BFA), briefed the Bedford Town Council on Oct. 22 about the state's newly revised CPACE (Commercial Property Assessed Clean Energy and Resilience) program, a private-lending tool that secures long-term loans for energy-efficiency and resilience projects using a special assessment that remains with the property on sale.
Wallace said CPACE loans are private and not town- or state-backed, and that the BFA administers the program and…
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
