PACE Program
Texas PACE (Property Assessed Clean Energy) is a legislatively authorized economic development tool that counties and municipalities can use to advance their objectives to provide quality and valuable services to their constituencies, stakeholders, and taxpayers. Local governments that establish PACE programs enable commercial, industrial, agricultural, nonprofit, and multifamily property owners to voluntarily tie the obligation to repay the cost of energy and water efficiency improvements to their property with a property assessment. The PACE property assessment eliminates the current barriers to investment in maintaining property and allows the obligation to stay with the property and transfer to subsequent owners. TX-PACE is a voluntary tool (and opportunity) that enables owners to lower their operating costs and pay for eligible improvements with the savings generated, taking advantage of affordable, long-term financing provided by private capital providers.
City of Cameron City Council Resolution Establishing the City of Cameron PACE Program
Report Required by Texas Local Government Code Section 399099 for Proposed City of Cameron Property Assessed Clean Energy (PACE) Program