Commercial Property Assessed Capital Enhancement (C-PACE) District 

Park County recently became the first county in the state to approve C-PACE financing for energy efficiency upgrades and renewable energy investments for commercial building owners in Park County. Please thank your County Commissioners for acting quickly to approve this great opportunity. C-PACE is an innovative Public-Private Partnership through Commerce’s Montana Facility Finance Authority (MFFA). The benefits include:

• Invest in energy efficiency projects and solar or renewable energy upgrades with no upfront costs.

• Utility savings exceed payment obligations, making investments cash positive for commercial property owners and tenants.

• Payments are rolled into a special tax assessment made payable twice per year as part of the building owner’s property taxes.

• The process is much quicker and easier than traditional financing, although participants will still obtain financing from a bank or other financial institution.

• The program is tax neutral with no financial exposure to cities or counties.
   

C-PACE is a fit for most industries including farms, commercial office buildings,
nonprofit organizations (including places of worship), and multi-tenant buildings.
Common projects include solar panels, HVAC systems, lighting, motors & more.

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Download a handy user guide from Yellowstone Bend Citizens Council 
and email for more information.

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Building Facade Repair & Renovation Program 
An Urban Renewal Association program to assist facade updates to buildings in the District, if in the Historic District, will require Historical Preservation Committee Approval.