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Chair Zeke Schmois to receive C-PACER training as committee moves to use private loans
Summary
Committee noted C-PACER is a private lending mechanism and that Chair Zeke Schmois is being trained on the program to support local lending conversations for property upgrades.
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The committee reviewed C-PACER, described in the meeting as a non-governmental provider of private loans for energy and resilience projects. Members said Chair Zeke Schmois is receiving training on C-PACER to help the committee assess and support potential local projects.
No loan approvals were made at the July 21 meeting; the training was described as preparatory so the committee can better advise residents and property owners exploring C-PACER financing options.
