C-PACE Progress in the Commonwealth
There has been an increase in C-PACE activity and progress across the Commonwealth in the past few months, including several localities taking steps to enact their own program. Learn about these updates and resources by reading below, or by listening to a recording of our September webinar, C-PACE in Virginia: Resources Available to Localities.
Localities Moving Forward
Arlington County: The pipeline of projects is growing, and in a milestone for the program one was recently reviewed with capital providers to determine funding interest.
City of Fredericksburg: Staff is currently drafting a C-PACE ordinance, and a project is already in line to utilize C-PACE once a program is launched.
Fairfax County: In June, the Fairfax County Board of Supervisors Environmental Committee directed staff to write an ordinance. Staff will develop and submit a draft C-PACE ordinance to be considered by the Environmental Committee during their February 2019 meeting.
Loudoun County: Back in January of this year, the Loudoun County Board of Supervisors voted to direct staff to develop a C-PACE program structure, evaluate options for program administration, and draft an ordinance. In July, the Board reconvened and staff recommended the development of a C-PACE ordinance that would utilize a third-party program administrator for services such as billing and collection of loan payments and allow the County to enforce special assessment liens in the case of defaults.
Other localities looking to move forward with developing a C-PACE program include the cities of Alexandria, Charlottesville, Norfolk, and Roanoke, and the counties of Albemarle, Spotsylvania, and Stafford.
Resources Available to Virginia Localities
Several resources have been recently released to assist localities with the development of C-PACE programs, including case studies, model ordinances, program guidelines, and an RFP template.
Model Ordinances:
- Arlington County has their Ordinance posted to the Arlington C-PACE website for anyone to view.
- Earlier this year, the VAEEC released a Virginia Model Ordinance for localities to use. This document was commissioned following input and review from a wide variety of C-PACE experts and incorporates key factors we consider to be crucial to implementing an effective C-PACE program.
- The Virginia PACE Authority, or VPA, used the Virginia Model Ordinance to create an updated and abbreviate Ordinance that localities can use.
Mid-Atlantic PACE Alliance (MAPA) Resources and Regional Toolkit: MAPA has a variety of resources available on their website. This includes fact-sheets, such as What is C-PACE and Frequently Asked Questions. Additionally, there are several case studies highlighting projects in Washington D.C. and Maryland.
As part of its mission to accelerate the development and utilization of C-PACE in the Mid-Atlantic region, MAPA has released a Regional Toolkit. The toolkit provides best practices specific to this region and guidance and resources that streamline efforts to develop and launch a C-PACE program.
RFPs for Program Administration:
- A template has been created to help localities craft their Request for Proposals (RFP) for Program Administrator services.
- Along with several resources included on their website, Arlington County has the option for Virginia localities to ride their contract with their program administrator, SRS. This step eliminates the need for a locality to go through their own RFP process for a Program Administrator.
To learn more about C-PACE, be sure to check out vaeec.org/pace or contact Jessica Greene at jessica@vaeec.org.