The largest C-PACE office loan ever was completed this summer for sustainability upgrades at 300 Lakeside Drive in Oakland, Calif. According to Patricia Kirk at Commercial Property Executive, C-PACE loans are at an all-time high because they’re amongst the most Read More …
In the last section we covered the proposed fees associated with the program administration. In this section we cover possible municipal and county programs, which the guidelines refer to as Local C-PACE Programs. All C-PACE programs must be adopted locally Read More …
In the last post, we looked at the Technical Evaluation and Review requirements; in this section we look at the Agency’s proposed fees. These are laid out in the table below. To summarize, there’s an initial application fee of $1000. Read More …
In our last post, we addressed the project process, as currently detailed in the draft guidelines. In this section we look at the Technical Evaluation and Review requirements. The standards in the current draft (V. 2) apply only to retrofits, Read More …
In the last post, we described the qualifications and responsibilities of participants in the C-PACE industry as spelled out in the Guidelines. This section now deals with the project process. The Project Process The project process begins with a Project Read More …
Qualifications and Responsibilities As we noted in the last section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. Having covered property, property owner, Read More …
As noted in the previous section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. So to begin with let’s cover property and project Read More …
The last section concluded our review of the PACE law. What we begin here is a consideration of the draft Guidelines issued by NJEDA, currently undergoing review in the Attorney-General’s office. It’s possible — likely even — that some details Read More …
In Part 6 of this series, we discussed the option for municipalities and counties to establish their own local C-PACE programs, following the NJEDA’s guidelines. The next section of the law addresses financing, including retroactive financing: Financing for the implementation Read More …
In Part 5 of this series, we described the opportunity, available to the top one-third of New Jersey municipalities by population, to establish their own local C-PACE programs. This post describes the application process, fees, and a few other details. Read More …