New developments, additional markets and retroactive loans point to wider availability of the green financing option this year.
Covid-19 and C-PACE
We stand in solidarity with nonprofits, small businesses, and healthcare workers in Virginia and across the globe. In a period of extreme uncertainty, Virginia PACE Authority is committed to encouraging job creation across Virginia, especially among underserved communities. We are rallying our community for #GivingTuesdayNow.
On Tuesday, May 5th, VPA will join non-profits around the world in asking for your support and generosity so that we may continue to serve Virginia in this period of turmoil. We are asking for donations of any amount toward our target total of $5,000 in order to fund one or more internships for recent-graduates or college students particularly from underserved communities focused in Southern and Southwestern Virginia. The first goal of our campaign is to facilitate job creation in underserved areas of Virginia in a time when economies everywhere are struggling and college graduates face a dismal job market. The second goal is to provide recently-graduated or undergraduate students with the opportunity to gain new and marketable skills as well as learn about the increasingly important market of clean energy/PACE financing.
In the face of economic and public health uncertainty, we at VPA will continue to grow our capacity and support our communities in every way we can. Please join us in spreading the word of our campaign and contributing as much as you can so that we may continue to educate and train the future of our sustainable and green economies!
An early study has linked air pollution with higher Covid-19 mortality rates. Air pollution, especially at high levels, can weaken individuals’ respiratory systems. Looking ahead, a key method to building the resiliency of communities to global public health crisis is investing in infrastructure that works to protect people from breathing in harmful pollutants. These measures can be financed by C-PACE. Click above to read Guardian article or click here to access the study from Harvard Public Health.
Looking to the future, it is essential that communities are equipped with technologies to respond to global crises such as the one we are facing now. There are several infrastructure upgrades that property owners can take that will mitigate the risk of diseases such as Covid-19, which can be financed with C-PACE. Check them out!