First C-PACE Project in Baltimore County: Towson Commons
Baltimore County has become the 18th jurisdiction in Maryland to use C-PACE financing to boost local economic development and improve energy efficiency. Towson Commons, a mixed-use development of retail and office space used C-PACE to finance a large installation of energy-efficient LED lighting throughout the property. This lighting project alone is projected to result in over $1.7 million in net energy savings. This project was financed by Greenworks Lending, which has fund
Alexandria moves forward with funding to support C-PACE program development
During a May 1 2019 budget meeting, Alexandria City Council approved the FY2020 budget, which includes approval of start-up costs for a C-PACE program. This first step will lay the groundwork toward getting a program officially launched in the city. The C-PACE program will promote local economic development through use of high performing energy efficiency, water conservation, renewable energy, resiliency measures in commercial buildings, advancing the goals adopted as part o