Establishes the Commercial Property Assessed Clean Energy and Resilience (C-PACER) Act to allow financing for clean energy and resilience.
The Commercial Property Assessed Clean Energy and Resilience Act establishes a voluntary program for local governments to offer financing for clean energy and resilience improvements on commercial properties. Eligible projects include energy or water efficiency, renewable energy, water conservation, and resilience enhancements. Local governments can impose special assessments to repay the financing, which must be approved by property owners and certified by professionals.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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