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 …
In the last post, we described the essential features of the program as laid out in the legislation. The next section addresses “Local C-PACE program[s].” This is somewhat ambiguous because all NJ C-PACE programs require a local ordinance; but in Read More …
In the last post, we briefly outlined the Garden State C-PACE legislation’s mandate and the reporting requirements. Here we look at the mitty-gritty —the implementation steps contemplated in the legislation. Within 270 days after the effective date of P.L. 2021, Read More …
The previous section noted the key definitions, including those concerning the local programs that the top one-third of municipalities may implement with the approval of the NJEDA (“the authority”). Reporting Requirements Before getting into the substance of the program, the Read More …
In the first of this series, we described the intent of the legislation and the assumptions behind it. So what’s in the legislation itself? Let’s break it down into a few categories: Definitions Program Reporting Requirements The Garden State C-PACE Read More …
Now that implementation of the new Garden State PACE program seems imminent, it’s worth understanding how the program will work. Let’s begin with the law, codified as N.J.S.A. 34-1B-374-382 (“the C-PACE Act”). The first section describes the legislature’s findings and Read More …
The New Jersey Economic Development Authority (NJEDA) has published the preliminary guidelines for the Garden State C-PACE program (here), covering retrofits to existing buildings. RSVP for the Informational Webinar on Friday, April 14 at 10 am here.
New Jersey’s Economic Development Authority (NJEDA) is releasing draft guidelines for the new Garden State C-PACE program for a one-month public comment period, and hosting an information session on April 14. The Authority posted this as a press release on Read More …
The New Jersey Economic Development Authority (NJEDA) has published a page of general information in anticipation of the forthcoming Garden State C-PACE program, stating that “Preliminary draft documents are currently undergoing the final stages of internal and interagency review.” The page Read More …