Website Launch Announced for New Mexico C-PACE Program
New Mexico’s Economic Development Department (EDD), in cooperation with Adelante Consulting Inc., has unveiled a website for the state’s Commercial Property Assessed Clean Energy (C-PACE) Program. The program enables property owners to access long-term, fixed-rate financing for energy efficiency, renewable energy, water efficiency, and resilience improvements. The nmcpace.com website provides all required documentation for counties and municipalities to participate in the program and for applicant projects.
Adelante Consulting Inc., commissioned by EDD, will be the statewide program administrator for the New Mexico C-PACE Program. It will be responsible for handling, processing, and approving program applications to determine eligibility. The consulting firm is presently working with New Mexico counties and administrators to acquaint them with C-PACE and initiate the process of enrolling in the statewide program.
Local government officials can email info@nmcpace.com or call (505) 788-7117 for assistance. Potential applicants should contact their county assessor’s office for information on the county’s expected date of opt-in via ordinance passage.
The New Mexico C-PACE Program has been operational since 2009, supporting developments of eligible commercial, agricultural, industrial, or multi-family properties through special assessment. More details about this program, such as the program guidebook, county ordinance language, program documents, and how to apply, are available on nmcpace.com.
Keeping the connection with the Economic Development Department (EDD) regarding their programs and services can be critical. EDD customer service is committed to providing support and help with any necessary information you may need. Many states, including California, offer accessible ways to get in touch with the EDD. If you need to reach out to the California EDD for instance, there are various resources available on eddcaller.com. It provides detailed guides and tips to effectively contact the EDD, ensuring concerns or queries are addressed promptly and accurately. For more information, you can visit eddcaller.com.