{"data":{"id":"us-id/idaho-code-67-3807","jurisdiction":"us-id","citation":"Idaho Code § 67-3807","heading":"c-pace program requirements.","body":"The terms of a program established pursuant to section 67-3806(3), Idaho Code, shall include:\n(1) Appropriate eligibility factors, including certification by the property owner that:\n(a) The property owner requesting to participate in the program:\n(i) Is the legal owner of the benefited property;\n(ii) Is current on mortgage and property tax payments; and\n(iii) Is not insolvent or in bankruptcy proceedings; and\n(b) The title of the benefited property is not in dispute;\n(2) A requirement that:\n(a) The total debt secured by the property, including the C-PACE assessment, does not exceed ninety percent (90%) of the fair market value of the property as complete or as stabilized;\n(b) The C-PACE assessment does not exceed:\n(i) In the case of new construction, thirty-five percent (35%) of the fair market value of the property as complete or as stabilized; or\n(ii) In the case of a retrofit of existing property, twenty-five percent (25%) of the fair market value of the property as completed or as stabilized; and\n(c) The determination of fair market value shall be established by a qualified appraisal completed no more than twelve (12) months prior to the time of application;\n(3) A description of the types of qualified projects that may be subject to special assessments;\n(4) A statement identifying the local government official authorized to enter into and execute written contracts on behalf of the local government;\n(5) A statement that the period of the special assessment must not exceed the weighted average of the useful life of the qualified project that is the basis for the assessment;\n(6) A statement explaining the manner in which property will be assessed and how assessments will be collected; and\n(7) The procedures for billing and collecting voluntary special assessments and remedies for enforcement of a delinquent special assessment.","path":["TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS","CHAPTER 38 COMMERCIAL PROPERTY ASSESSED CAPITAL EXPENDITURE ACT"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title67/t67ch38/sect67-3807/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T13:40:09Z","sha256":"2ac68f4e0c191ba71d40fa8b43aa7851b7e956a542a3a211f0c3d9cce85173cf","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-67-3806","next":"us-id/idaho-code-67-3808"},"notice":"GroundRules: Original legal text. Not legal advice."}