C-PACE for Local GovernmentThe MD-PACE Program offers everything your county needs to drive private investment in your community and meet environmental goals.
The MD-PACE program has been designed to ease the burden of C-PACE administration for counties that want offer C-PACE financing to their property owners. Maryland passed policy enabling C-PACE financing in the state in 2014. Because C-PACE is a property tax assessment and therefore part of the tax code, the law requires that local ordinances also be passed before counties can take advantage of C-PACE financing. For counties to opt in to MD-PACE, their legislative body must pass an ordinance establishing a C-PACE program and empowering the county to enter into an agreement with the Maryland Clean Energy Center (MCEC) to administer the program. This ordinance has been drafted and will be provided by MCEC. Once complete, MCEC will administer the MD-PACE program within the county at no cost to the county government. This includes the intake, review, and approval C-PACE projects; training local contractors and registering private capital providers with the program; providing annual program reports to the county; establishing procedures to place C-PACE surcharges and facilitate collections; and overseeing the remittance of C-PACE surcharge payments to capital providers.
Standardized and Open Market Administration
- Allows any capital providers to finance deals at a low application cost
- Standardization across the states facilitates greater participation by private business and keeps costs low
Outsourced C-PACE Administration
- No fee for county
- The program recoups cost through a minimal administrative fee on C-PACE transactions
Visit Our Resources Page For More Info
To download the template C-PACE ordinance, brochures about the program, or frequently asked questions by local governments, visit our resources page.