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4 <br /> Slide #3 <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 property owner repays <br /> the loan through a special assessment tied to the <br /> property. Billing and collection are handled by the <br /> lender, not the County. <br /> •No County cost or risk — The County helps enable <br /> the program but doesn't handle money or take on <br /> liability. <br /> Slide #4 <br /> Who Can Take Advantage: <br /> • Industrial <br /> • Agricultural <br /> • Nonprofit <br /> • Multifamily Residential (5 or more units) <br /> • New Construction or Renovations <br />