The recent annual conference of the Virginia Association of Counties (VACO) was an exciting time to introduce Virginians to PACE financing. The VACO conference, held at the world- renowned Homestead resort, was a great venue to market Virginia PACE, a new initiative which will assist localities in adopting and implementing PACE financing in Virginia. County representatives expressed keen interest in how PACE could revitalize their “tired” buildings, and contractors and lighting manufacturers exhibiting at the show were excited to have a new financing program in their toolbox. PACE financing is an innovative financing tool which provides 100% funding of energy efficiency and renewable energy improvements to commercial and multifamily buildings paid through a voluntary assessment on the property tax bill. We can’t wait to get started! Check out the pictures from the conference and a flier on PACE below.
Virginia PACE Brochure: VAPACEBrochure