1. Home
  2. News
  3. Catawba County joins NC C-PACE program to support business building improvements

Catawba County News

Catawba County joins NC C-PACE program to support business building improvements

Catawba County joins NC C-PACE program to support business building improvements

Published: November 09, 2026

Catawba County has joined a program that opens new pathways for businesses to finance investments in energy efficiency, renewable measures, resiliency and water conservation.

The Catawba County Board of Commissioners unanimously voted to participate in North Carolina’s Commercial Property Assessed Capital Expenditure program, which allows private property owners to apply for private financing through a voluntary lien placed on property by local government. The program allows for payback periods over the life of the improvements.

The North Carolina C-PACE program was created by the N.C. General Assembly in 2024.

The program offers another financing tool for property owners to improve commercial, industrial, agricultural and multi-family properties with projects related to key areas identified by the program. This includes properties owned by nonprofit, charitable or religious organizations.

The program can help drive economic development in our community and improve properties.

Qualifying projects include:

  • Energy efficiency measures: projects that reduce energy use and increase efficiency.
  • Resiliency measures: projects that increase environmental resiliency, including storm retrofits, flood mitigation and stormwater management.
  • Renewable energy measures: projects that utilize renewable energy sources.
  • Water conservation measures: projects that decrease water consumption or demand, and that address safe drinking water.

There are no program costs for Catawba County government. C-PACE is administered by the Economic Development Partnership of North Carolina, which works with private capital providers to help interested property owners apply for C-PACE funding.

This initiative supports the Board of Commissioners’ strategic plan by promoting economic development in Catawba County through private investment and job growth.

Catawba County commissioners adopted a resolution of intent to participate in C-PACE on Oct. 19. On Nov. 2, the board held a public hearing, then adopted a final resolution to join the C-PACE program.

For more information about C-PACE, visit edpnc.com/c-pace.