Galveston County Pace Program
Property Assessed Clean Energy (TX-PACE) is a proven financial tool that incentivizes Texas’ property owners to upgrade facility infrastructure with little or no capital outlay. Approved by State legislation and established by your local governments, TX-PACE programs enable owners to lower their operating costs and use the savings to pay for eligible water conservation, energy efficiency, resiliency, and distributed generation projects. Owners gain access to private, affordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues. Financing for qualified projects under the Program will be provided by qualified third-party lenders chosen by the owners. Such lenders will execute written contracts with the authorized representative to service the debt through assessments, as required by the PACE Act. The contracts will provide for the lenders to determine the financial ability of owners to fulfill the financial obligations to be repaid through assessments, advance the funds to owners on such terms as are agreed between the lenders and the owners for the installation or modification of qualified projects, and service the debt secured by the assessments, directly or through a servicer, by collecting payments from the owners pursuant to financing documents executed between the lenders and the owners.
Gulf Coast Economic Development District
This regional group assists and advises elected officials by making recommendations on issues related to economic development. The GCEDD provides oversight to H-GAC’s economic development planning programs in the Gulf Coast planning region. The GCEDD was incorporated in the State of Texas as a non-profit corporation on June 10, 1988. The EDA officially designated the GCEDD as an Economic Development District (EDD) in January 1991, and the District became an IRS 501(c) (3) in 1995. The Houston-Galveston Area Council provides administrative and operational staff support for the District. Their work is directed by the District’s Board of Directors, which is composed of 28 representatives from local governments, businesses, economic development organizations, and minority interests. The Board of Directors meets quarterly and the Board’s five-person Executive Committee meets monthly.
Space Alliance Technology Outreach Program is a cooperative program sponsored by the Bay Area Houston Economic Partnership, NASA, and key contractors. The SATOP program is designed to assist small businesses through technology developed from space exploration. However, it does not have to be a space-related industry or problem. Thousands of NASA’s ideas and inventions can be applied to industry, and SATOP’s goal is to accelerate the transfer of these ideas and inventions to small business owners by offering free assistance from NASA technical teams. The teams can explore engineering, process evaluation, design work or applications, computer programming, etc. for any type of business. SATOP has helped companies with rotor failures, medical inventions, assembly techniques, and other issues.
Property Assessed Clean Energy (TX-PACE) is a proven financial tool that incentivizes Texas’ property owners to upgrade facility infrastructure with little or no capital outlay. Approved by State legislation and established by your local governments, TX-PACE programs enable owners to lower their operating costs and use the savings to pay for eligible water conservation, energy efficiency, resiliency, and distributed generation projects. Owners gain access to private, affordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues. Financing for qualified projects under the Program will be provided by qualified third-party lenders chosen by the owners. Such lenders will execute written contracts with the authorized representative to service the debt through assessments, as required by the PACE Act. The contracts will provide for the lenders to determine the financial ability of owners to fulfill the financial obligations to be repaid through assessments, advance the funds to owners on such terms as are agreed between the lenders and the owners for the installation or modification of qualified projects, and service the debt secured by the assessments, directly or through a servicer, by collecting payments from the owners pursuant to financing documents executed between the lenders and the owners.
Gulf Coast Economic Development District
This regional group assists and advises elected officials by making recommendations on issues related to economic development. The GCEDD provides oversight to H-GAC’s economic development planning programs in the Gulf Coast planning region. The GCEDD was incorporated in the State of Texas as a non-profit corporation on June 10, 1988. The EDA officially designated the GCEDD as an Economic Development District (EDD) in January 1991, and the District became an IRS 501(c) (3) in 1995. The Houston-Galveston Area Council provides administrative and operational staff support for the District. Their work is directed by the District’s Board of Directors, which is composed of 28 representatives from local governments, businesses, economic development organizations, and minority interests. The Board of Directors meets quarterly and the Board’s five-person Executive Committee meets monthly.
Space Alliance Technology Outreach Program is a cooperative program sponsored by the Bay Area Houston Economic Partnership, NASA, and key contractors. The SATOP program is designed to assist small businesses through technology developed from space exploration. However, it does not have to be a space-related industry or problem. Thousands of NASA’s ideas and inventions can be applied to industry, and SATOP’s goal is to accelerate the transfer of these ideas and inventions to small business owners by offering free assistance from NASA technical teams. The teams can explore engineering, process evaluation, design work or applications, computer programming, etc. for any type of business. SATOP has helped companies with rotor failures, medical inventions, assembly techniques, and other issues.