Montgomery County’s New C-PACE Program Administrator

Montgomery County Launches C-PACE Program to Spur sustainable Development

Montgomery County, Texas, has officially launched its Commercial Property Assessed Clean Energy (C-PACE) program, aiming to boost energy efficiency and sustainable development.

The initiative, approved by the Montgomery County Commissioners Court on May 27, 2025, empowers commercial property owners to access affordable, long-term financing for upgrades that conserve energy and water, and promote renewable energy use.

Lone Star PACE Selected as Program Administrator

lone Star PACE, a leading force in Texas’ C-PACE landscape, will administer the Montgomery County C-PACE program.

Their role involves connecting property owners with capital providers and guiding them through the C-PACE process, ensuring projects meet sustainability goals while offering financial benefits.

Did You Know? Texas C-PACE programs have funded projects ranging from energy-efficient lighting retrofits to complete building overhauls, demonstrating the versatility of this financing tool.

Benefits of C-PACE for Montgomery County

The C-PACE program allows developers to finance up to 35% of a project’s capital stack, making sustainable improvements more accessible.High-efficiency HVAC systems,solar panel installations,enhanced insulation,and water-saving plumbing are all eligible for financing.

County Judge Mark Keough emphasized Montgomery County’s dedication to strategies that boost the economy while safeguarding natural resources.

He stated the C-PACE program provides vital financial resources to local businesses, fostering energy efficiency, job creation, and long-term economic stability.

Pro Tip: Property owners considering C-PACE financing should consult with energy auditors and contractors to identify the most impactful and cost-effective upgrades for their buildings.

The Growing Reach of C-PACE in Texas

montgomery County joins a steadily growing number of Texas jurisdictions adopting C-PACE programs to encourage private investment in sustainable upgrades.With the addition of Montgomery County, Lone Star PACE’s operation extends to 25 cities and counties across Texas.

To date, their partnerships have facilitated over $350 million in C-PACE assessments for projects totaling $1.5 billion,demonstrating the program’s significant impact.

C-PACE Program Details

The C-PACE program covers several improvements.

Advancement Type	Examples	Benefits
Energy Efficiency	High-efficiency HVAC,LED lighting	Reduced energy consumption,lower utility bills
Renewable Energy	Solar panels,geothermal systems	Clean energy generation,reduced carbon footprint
Water Conservation	Low-flow plumbing,rainwater harvesting	Reduced water usage,lower water bills
Building Envelope	Improved insulation,energy-efficient windows	Enhanced thermal performance,increased comfort

The program is designed to offer long-term benefits.

What are the long-term impacts of the C-PACE program?

Montgomery County is moving forward to create a greener community.

Context & Evergreen Insights

Commercial Property Assessed Clean Energy (C-PACE) programs are gaining traction nationwide as a mechanism to finance energy efficiency and renewable energy projects in commercial buildings.Unlike traditional loans, C-PACE financing is tied to the property itself, not the owner, which can make it a more attractive option for long-term investments.

According to a report by PACENation, the national advocacy organization for C-PACE, the market has seen significant growth in recent years, with billions of dollars invested in projects across the country. This growth is driven by increasing awareness of the benefits of energy efficiency and sustainability,as well as the availability of C-PACE financing in more jurisdictions.

C-PACE programs can also stimulate local economies by creating jobs in the construction, energy efficiency, and renewable energy sectors. By reducing energy consumption and promoting the use of clean energy sources,C-PACE can definitely help businesses lower their operating costs and become more competitive.

Frequently Asked Questions (FAQ)

• What is C-PACE financing?
  C-PACE (Commercial Property Assessed Clean Energy) is a financial tool that allows commercial property owners to fund energy efficiency, renewable energy, and water conservation projects with long-term, low-cost capital.
• How does C-PACE differ from traditional financing?
  Unlike traditional loans, C-PACE financing is secured by a special assessment on the property, which means the debt is tied to the property itself and not the property owner. This can result in more favorable terms and longer repayment periods.
• Who is eligible for C-PACE financing?
  Commercial property owners in participating jurisdictions are eligible for C-PACE financing. Eligibility criteria may vary depending on local program guidelines.
• What types of projects can be financed with C-PACE?
  C-PACE can finance a wide range of projects, including energy-efficient HVAC systems, renewable energy installations (such as solar panels), water conservation measures, and building envelope improvements.
• What are the benefits of using C-PACE?
  Benefits of C-PACE include access to low-cost, long-term financing, improved property values, reduced operating costs, and enhanced sustainability.

What sustainability projects would you like to see funded in yoru community? Share your thoughts in the comments below!

What are the key eligibility criteria for C-PACE projects in Montgomery County, Maryland, and how do these criteria relate to the county’s broader sustainability goals?

Montgomery County’s New C-PACE Program Administrator: Streamlining Clean Energy Financing

Understanding C-PACE in Montgomery County

Montgomery County, Maryland, is committed to fostering sustainable development and promoting energy efficiency within its commercial real estate sector. A key initiative supporting this goal is the Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE is a financing mechanism that allows property owners to secure funding for energy efficiency, renewable energy, and water conservation improvements to their buildings. This innovative approach, under the oversight of a dedicated C-PACE Program Administrator, empowers businesses to reduce their carbon footprint and operating expenses.

The C-PACE program utilizes special assessments on property tax bills to repay the financing. This structure creates a strong incentive for property owners as the repayment is linked to the property itself. The financing itself is attractive because of its potential for favorable terms, including lower interest rates and extended repayment periods of up to 30 years.C-PACE is especially beneficial for commercial buildings in Montgomery County with the goals of reducing operational costs.

The New C-PACE Program Administrator

A crucial aspect of any successful C-PACE program is the role of the administrator. montgomery County’s new C-PACE Program Administrator is vital in facilitating the process, guiding borrowers, supporting lenders, and ensuring compliance. By selecting an administrator, Montgomery County demonstrates its commitment to the program’s efficiency and ensures that projects run smoothly from request to completion. Their experience allows stakeholders to efficiently navigate the process.

The responsibilities of the administrator typically include:

• Evaluating project eligibility based on established criteria.
• Reviewing and approving applications.
• Overseeing due diligence processes.
• Managing and maintaining program documentation.
• Providing technical assistance and support to property owners and lenders.
• Ensuring regulatory compliance with local and state guidelines.

Benefits of C-PACE Financing for montgomery County Businesses

Participating in the Montgomery County C-PACE program offers substantial benefits for commercial property owners:

• Access to Affordable Capital: Competitive interest rates and extended terms make financing projects more viable.
• Improved Property Value: Energy-efficient upgrades can significantly increase a property’s market value.
• Reduced Operating Costs: Investments in energy-saving measures lower utility bills over the long term.
• Positive Environmental Impact: Contributes to reducing greenhouse gas emissions and promoting sustainability within the community.
• Transferable Obligations: The C-PACE assessment typically transfers to the new owner upon sale, providing a unique investment advantage.

Eligible Projects and Typical C-PACE Improvements

A wide range of energy-efficient and renewable energy projects qualify for C-PACE financing in Montgomery County. The eligibility criteria generally align with the county’s sustainability goals.

These types of renovations can improve energy efficiency in commercial buildings.

Here are some common examples:

• HVAC Upgrades: High-efficiency heating, ventilation, and air conditioning systems.
• Solar Panel Installation: Renewable energy generation and sustainable methods.
• Lighting Retrofits: Conversion to LED lighting.
• Water Conservation Measures: Installation of low-flow fixtures and water-efficient appliances.
• Building Envelope Improvements: Roof upgrade projects and insulation enhancements.

How to Apply for C-PACE in Montgomery County: A Step-by-Step Guide

The C-PACE application process involves several key steps to ensure a smooth and successful experience. Here is a general guide:

1. Project Assessment: Begin by evaluating your building’s energy needs and identifying potential projects.
2. Pre-Approval: Consult with an approved C-PACE lender to determine project feasibility and financing terms.
3. Application Submission: Prepare and submit a detailed application to the C-PACE Program Administrator.
4. Due Diligence: The administrator reviews the application and conducts thorough due diligence.
5. Financing Approval: Upon approval, financing is secured, and project implementation can begin.
6. Project completion: upon completion, the C-PACE assessment is placed onto the property’s tax bill.

Finding Approved C-PACE Lenders in Montgomery County

Securing a suitable C-PACE lender is essential for completing your project successfully. The administrator,at times,will maintain a list of approved lenders. These lenders have experience with C-PACE financing and are familiar with the program’s requirements. Key factors to consider when selecting a lender include:

• Competitive interest rates and fees.
• Knowledge and experience in C-PACE financing.
• Excellent customer service and responsive support.

C-PACE Program Resources in Montgomery County

To stay informed about the C-PACE program, consult the official Montgomery County government site and official program literature. These resources provide up-to-date facts, including program updates, list of eligible lenders, application forms, and contact information for the program administrator. Regular review is key. Keep updated on news and changes.

The County also offers informational brochures, webinars, and workshops, for property owners, developers, and contractors.

Keep in mind that the specifics of the program change as it evolves, so check the official county site to ensure you remain current.

Real-World Examples of C-PACE Projects in Maryland

While specific project details for Montgomery County may not be readily available due to privacy and proprietary information,examples from other Maryland municipalities can offer insight into the scope and success of C-PACE programs.

Many business owners in Washington D.C. and other Maryland counties have used this program to provide important returns on investment. By using the program to provide energy-efficient solutions, they benefit both environmentally and financially.

Tips for a Successful C-PACE Application

To increase your chances of approval and ensure a smooth experience, consider the following tips:

• Thorough Planning: Carefully assess your energy needs and project scope.
• Accurate Documentation: Provide complete and accurate project information.
• Engage with the Administrator: Communicate openly throughout the process.
• Partner with Experienced Professionals: Work with trusted energy auditors and contractors.

The future of C-PACE in Montgomery County

The C-PACE program’s success aligns with Montgomery County’s broader goals of environmental sustainability, economic development, and cost savings. As the program grows,it will likely evolve with the goal of streamlining processes,broadening eligibility,and fostering collaboration. With the guidance of a skilled administrator, C-PACE will remain an essential tool for commercial property owners seeking to improve their buildings’ efficiency.