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33 <br /> What is C- PACE? <br /> C-PACE = Commercial Property Assessed Capital Expenditure <br /> ➢ Statewide program enacted thru NC Senate Bill 802 (July <br /> 2024); 40 other states have adopted C-PACE <br /> ➢ Voluntary financing program for commercial property <br /> upgrades for clean energy, energy efficiency, water <br /> conservation and resiliency projects <br /> ➢ Program Administered by Economic Development <br /> Partnership of North Carolina (EDPNC) <br /> ➢ Benefits include: Low cost, long-term financing <br />