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Sandpoint adopts commercial PACE program, adds $500 application fee
Summary
The council adopted a resolution establishing a commercial PACE program and added a $500 application fee to the fee schedule; staff said the cityrole is limited to accepting applications and completeness checks and that lenders administer loans and borrower protections.
Sandpoint— The Sandpoint City Council on Feb. 4 adopted a resolution formally establishing the citycommercial property assessed clean energy (CPACE) program and added a $500 application fee to the fee schedule.
Jason Welker, planning and community development director, said the program allows commercial property owners to finance green and energy-efficiency investments through assessments that are collected through property tax…
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