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North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) Program
North Carolina — state programup to 35% of the value of the property
The NC C-PACE Program allows owners of qualifying commercial, industrial, agricultural, and multifamily properties to obtain long-term financing from private capital providers for energy efficiency, renewable energy, resiliency, water conservation, and safe drinking water improvements. Financing is structured as a property assessment that transfers upon sale to the next property owner, typically requiring little up-front investment.
Program details
- Type
- loan
- Amount
- up to 35% of the value of the property
- Status
- open
- Administrator
- Economic Development Partnership of North Carolina (EDPNC)
- More Info
- https://edpnc.com/nc-cpace/
Source: North Carolina — state program. Confirm current terms with the administering agency before applying.