Benefits to Local Government
Some of the benefits of participating in the IECA PACE Program include:
- Job creation and retention: New opportunities in high-wage sectors such as technical, trades, lending, and equipment sales.
- Business retention/community revitalization: Upgrade existing buildings (or repurpose to more beneficial use) to attract and retain businesses and grow property tax base and fee revenue.
- Leadership on environmental conservation: Reduces carbon footprint, energy use, and water consumption.
- Offer an alternative incentive to tax abatement or other costly strategies used by local governments to attract new businesses.
Click here for an example of how C-PACE can help your community!