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Fairfax City adopts CPACE ordinance to allow commercial clean‑energy financing
Summary
Fairfax City Council unanimously adopted an ordinance on June 10 to opt into the statewide Commercial Property Assessed Clean Energy (CPACE) financing program; staff said the program is voluntary, not a city tax, and the city will delegate lien enforcement to lenders while supporting marketing and liaison roles.
Fairfax City Council unanimously adopted an ordinance on June 10 to opt into Virginia’s Commercial Property Assessed Clean Energy (CPACE) financing program. Staff said the program, administered by the Virginia PACE Authority, allows private lenders to provide long‑term financing for energy efficiency, resiliency and renewable projects on…
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