Carver County Board of Commissioners-- Work Session - October 7th, 2025
Commercial Property Assessed Clean Energy (CPACE) loan program overview
Minpace program eligibility and legislative updates
Carver County joint powers agreement (JPA) revision proposal
Benefits of PACE financing for commercial and nonprofit property owners
Project workflow between Carver County and St. Paul Port Authority
Full Document Analysis
Notable Quotes (3)
It's collected by the county and then as the administrator, I send it to the lender. It's a really great program.
Environmental services would still be the initial point of contact for MINPACE, and then work with the county board on a resolution.
I think it has useful benefit for [businesses].
People (2)
Brad HanzelManagerModerating the work session and discussing JPA administrative updates for Carver County.
Moderating the work session and discussing JPA administrative updates for Carver County.
Holly HoustonRepresentativeProgram administrator explaining PACE financing, eligibility, and state-wide portfolio.
2 quotes
Program administrator explaining PACE financing, eligibility, and state-wide portfolio.
“It stands for commercial property assess clean energy and it's a finance financing mechanism that provides real estate owners a lowcost long-term fixed rate financing program.”
Explaining the definition and purpose of the CPACE program.
“The local benefit without county costs. You don't need your own staff to run this program.”
Summarizing the administrative advantage for participating counties.
Places Mentioned
Events & Meetings (2)
- September 15th, 2015 - Initial JPA signing
- November 4th - Planned date for JPA update board consent
Ordinances & Resolutions (2)
Legislative basis for PACE financing in Minnesota.
Special assessment law used for collecting PACE loan repayments.