CPACE - Commercial Property Assessed Clean Energy Program

On March 20, 2023, the Hood River County Board of Commissioners passed a Resolution and Ordinance establishing the Commercial Property Assessed Clean Energy (CPACE) Program.   The County has contract with Mid-Columbia Economic Development District (MCEDD) to administer the Program on our behalf. 

 

What is CPACE?

The CPACE program allows owners of eligible commercial property to obtain long-term, low-interest rate financing from private capital providers for certain qualified projects.  CPACE was authorized by the Oregon State Legislature under ORS 223.680 and ORS 223.685.

 

Additional information and program documents can be found on the MCEDD website: MCEDD.org/cpace-program.