We offer a state-wide shared services program, with standard documents and procedures, online registration, and simple opt-in participation agreements for municipalities. Here are the elements of this program, which under the new law may be adopted by ordinance by each municipality.
We also offer program development services for municipalities that want to create their own programs in order to accelerate PACE in their municipality. Through our 501(c)(3) not-for-profit umbrella, Possible Planet (incorporated as the Center for Regenerative Community Solutions or CRCS), we can assist municipalities, community organizations, neighborhood groups, as well as churches, universities, and hospitals, in maximizing their benefits from PACE.
We’ve studied extensively the experience in other states and have concluded that an open-market program is the most effective approach — and the one increasingly being adopted in most of the states with Commercial PACE initiatives.
Through this program, we offer consulting services on a “no cost” basis to municipalities, and collect an administrative fee on a per-project basis only once the program is established. No RFP is required to engage our services, and we can provide advice on a formal or informal basis. While the NJPACE Program may provide administrative services to municipalities, our program will remain open to all participants through a competitive, transparent, and accessible marketplace. Municipalities are also not restricted from approving projects from other service providers.
Our current program handbook is available on request, along with other detailed program documents.
Here is a 2-page information sheet: NJPACE-FinancingBreakthrough
We are currently adapting the latest best practices materials from the U.S. Department of Energy Clean Energy Finance Guide to New Jersey PACE (new versions will be released after passage of the PACE amending bill of 2018):
- PACE Brochure
- Program Overview
- Program Handbook
- List of Eligible Measures
- Initial Application
- Final Application
- Commercial PACE FAQ
We are also developing step-by-step “kits” for property owners, contractors, lenders, and municipalities. The versions provided here are for reference purposes only, and will be updated after new legislation is passed and signed into law (expected in early 2018).
The Municipal Services kit, including a sample ordinance and draft participation agreement, is now available to municipalities and to contractors on request.
For more information, please contact us by phone or email to discuss your project and program objectives:
8 Revere Drive, Basking Ridge, NJ 07920
Office 908-396-6179 ~ Cell 908-581-8418 ~ Fax 908-842-0422