Woods County Industrial Development Authority to move forward with new loan processes

 

January 19, 2024



Randy McMurphy, Stan Kline, Melissa Fisher, Brodie Bush and Bob Baker of the Woods County Industrial Development Authority met Wednesday morning for a special meeting to discuss the possibility of a Commercial Property Assessed Clean Energy (C-PACE) loan for VAP.

C-PACE financing is a form of long-term, low-interest rate financing with no upfront costs for building owners who want to modernize building energy infrastructure, lower energy costs, and increase building comfort and asset value. Per https://oklahomacpace.org/, this kind of financing drives private sector investment in local communi...



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