Getting Ready for PACE in New Jersey (Part 2)*

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 …

Getting Ready for PACE in New Jersey (Part 1)*

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 …

Garden State C-PACE Draft Guidelines to be Released April 14

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 …

Upcoming Information Session on NJ’s Garden State C-PACE Program

The NJEDA has scheduled a first Information session on the new Garden State C-PACE program for Thursday, October 20, 1-2:30 pm. Click here or the image below for the registration page. New Jersey’s new Garden State C-PACE law (P.L. 2021, Read More …

Join us at the NJ Planning and Redevelopment Conference June 14-16, 2022

The 2022 NJ Planning and Redevelopment Conference will be held virtually on June 14-15 and in-person on June 16 at the Hyatt Regency in New Brunswick. The conference will feature 36 sessions, a virtual and in-person exhibit area, and ways Read More …

NJ C-PACE Bill Signed by Governor Murphy

The New Jersey C-PACE bill (A2374/S1953) was signed by Governor Murphy yesterday (Tuesday, August 24, 2021), and the Governor’s office released the following statement: Governor Phil Murphy today signed legislation (A-2374) which establishes the Garden State Commercial Property Assessed Clean Read More …

Press Release: NJ Lawmakers Pass Landmark C-PACE Bill

For Release Monday, June 28, 2021 Contact: Jonathan Cloud, Executive Director, 908-581-8418, jcloud@possibleplanet.org The Commercial Property Assessed Clean Energy program, already approved in 37 states and D.C., with active programs in 24 states, is headed to the Governor’s desk for Read More …

Further Update on PACE Legislation in New Jersey

As we understand it, as of late December 2020 the Senate bill (S1953) was expected to move forward in January 2021, according to the bill’s sponsor, Senator Bob Smith. The C-PACE Alliance, which includes a majority of the established C-PACE Read More …