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North Carolina Passes C-PACE

Lots of moving parts this week in C-PACE to keep an eye on.

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C-PACE Weekly
July 16, 2024

July 12th 2024

Welcome to C-PACE Weekly, your go-to source for the latest insights, updates, and opportunities in the C-PACE industry. Now, let's move on to the latest C-PACE news!

North Carolina’s Gov. Roy Cooper Passes C-PACE into Law

This week, Gov. Roy Cooper signed the creation of the Commercial Property Assessed Clean Energy (C-PACE) program into law. Local governments would voluntarily join the program, thus allowing commercial property owners in their jurisdiction to borrow from an approved set of lenders to make energy-efficiency and resiliency upgrades to their commercial, industrial, agricultural, nonprofit, and multifamily residential properties. The local government would then impose a property value assessment and lien on the property until the loan is paid off through property taxes.

Read more here.

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C-PACE.COM was founded by investment professionals with meaningful experience in real estate investment banking, private credit, private equity, and development. Through C-PACE Financing, we seek to reduce the carbon footprint created by commercial real estate and generate superior risk-adjusted returns for our clients.

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Jonathan Seabolt
Founder & CEO
C-PACE.COM

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