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EDC: County has adopted CPACE ordinance; staff awaiting executed locality agreement
Madison County Economic Development Committee · April 14, 2026
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Summary
Staff reported the county has adopted a Commercial PACE ordinance and submitted a locality agreement to the CPACE provider; three local projects expressed interest and the committee discussed marketing and applicant guidance.
Mister Weakley told the Economic Development Committee the board of supervisors has adopted an ordinance enabling a commercial PACE (CPACE) program and the county has sent the locality agreement to the CPACE administrator and is awaiting the executed copy.
Weakley described CPACE as a state-linked financing tool…
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