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Agenda 10-21-2025; 5-a - Public Hearing and Resolution for Orange County to Participate in the North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) Program
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Agenda 10-21-2025; 5-a - Public Hearing and Resolution for Orange County to Participate in the North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) Program
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10/16/2025 1:44:06 PM
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10/16/2025 11:00:03 AM
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BOCC
Date
10/21/2025
Meeting Type
Business
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Agenda
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5-a
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34 <br /> How It Works : <br /> •County joins the program — The County adopts <br /> resolutions and holds a public hearing to join the <br /> statewide NC C-PACE Program . <br /> •Property owner applies — A business or property <br /> owner applies to EDPNC for project approval . <br /> •Private lender funds the work — A private lender <br /> provides the upfront money for improvements like <br /> energy efficiency, solar, or resilience upgrades. <br /> •Paid back over time — The owner repays the loan <br /> through a line added to their property tax bill . <br /> •No County cost or risk — The County helps enable <br /> the program but doesn't handle money or take on <br /> liability. <br />
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