In the last post, we described the qualifications and responsibilities of participants in the C-PACE industry as spelled out in the Guidelines. This section now deals with the project process. The Project Process The project process begins with a Project Read More …
Qualifications and Responsibilities As we noted in the last section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. Having covered property, property owner, Read More …
As noted in the previous section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. So to begin with let’s cover property and project Read More …
The last section concluded our review of the PACE law. What we begin here is a consideration of the draft Guidelines issued by NJEDA, currently undergoing review in the Attorney-General’s office. It’s possible — likely even — that some details Read More …
In Part 6 of this series, we discussed the option for municipalities and counties to establish their own local C-PACE programs, following the NJEDA’s guidelines. The next section of the law addresses financing, including retroactive financing: Financing for the implementation Read More …
In Part 5 of this series, we described the opportunity, available to the top one-third of New Jersey municipalities by population, to establish their own local C-PACE programs. This post describes the application process, fees, and a few other details. Read More …
In the last post, we described the essential features of the program as laid out in the legislation. The next section addresses “Local C-PACE program[s].” This is somewhat ambiguous because all NJ C-PACE programs require a local ordinance; but in Read More …
In the last post, we briefly outlined the Garden State C-PACE legislation’s mandate and the reporting requirements. Here we look at the mitty-gritty —the implementation steps contemplated in the legislation. Within 270 days after the effective date of P.L. 2021, Read More …
The previous section noted the key definitions, including those concerning the local programs that the top one-third of municipalities may implement with the approval of the NJEDA (“the authority”). Reporting Requirements Before getting into the substance of the program, the Read More …
In the first of this series, we described the intent of the legislation and the assumptions behind it. So what’s in the legislation itself? Let’s break it down into a few categories: Definitions Program Reporting Requirements The Garden State C-PACE Read More …