3 Ways a County PACE Authority is an Economic Development Tool

Navarro County has a new PACE Authority. What’s a PACE Authority? its a “a non-profit entity operating in Texas that seeks to assist business owners in obtaining loans to make energy-efficient and environmentally-friendly improvements to their commercial buildings”

3 Ways a PACE program is eonomic development:

• More Jobs.PACE programs put people to work on the construction projects
• Good for Existing Businesses. PACE programs offers financing to keep existing companies financially viable
• Expands Property Tax Base & Helps Comapnies Moving to Texas. As more comapnies move to Texas, PACE allows these comapnies to improve existing commercial buildings & that increases the tax bases of local governmental entities

Corsicana Daily Sun | County keeps pace — Texas Pace Authority a go in Navarro County