Fairfax County Launches C-PACE & Resiliency Program

FAIRFAX, Va. – Feb. 13, 2020 – Fairfax County officials announced today the launch of a Commercial Property Assessed Clean Energy and Resiliency (C-PACE) program, a financing tool designed to encourage building owners to pursue energy-saving, water-saving and resiliency projects within commercial properties. Through the program, building owners looking to complete specific capital improvement projects can secure private funding which is then repaid via a property tax assessment. In November, the county awarded a C-PACE administrator contract to Virginia PACE Authority (VPA) following a competitive request for proposals process. The county is not involved in lending or in guaranteeing the col

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