New Jersey § 34:1b-376

§ 34:1b-376.

a. (1) No later than 18 months after the launch date and annually thereafter, the

authority shall prepare and submit to the Governor and, pursuant to section 2 of P.L.1991, c. 164 ( C.52:14-19.1 ), to the Legislature, a report describing the implementation and operation of the

Garden State C-PACE program, including information relating to any administrative

costs, the number of C-PACE projects, the location of C-PACE projects, and the amount

of financing issued for C-PACE projects under the Garden State C-PACE program. (2) No later than 18 months after an authorized municipality or a county establishes

a local C-PACE program pursuant to section 6 of P.L.2021, c. 201 ( C.34:1B-379 ), and annually thereafter, the municipality or county shall prepare and submit to

the Governor, the authority, and, pursuant to section 2 of P.L.1991, c. 164 ( C.52:14-19.1 ), the Legislature, a report describing the implementation and operation of its local

C-PACE program, including information relating to any administrative costs, the number

of C-PACE projects, the location of C-PACE projects, and the amount of financing issued

for C-PACE projects under its local C-PACE program. b. (1) No later than five years after the launch date, the authority shall prepare

and submit to the Governor and, pursuant to section 2 of P.L.1991, c. 164 ( C.52:14-19.1 ), to the Legislature, a report that reviews and assesses implementation of the Garden

State C-PACE program. The report shall evaluate the Garden State C-PACE program, including a review of

foreclosure rates and any other factors the authority deems appropriate. The report may also identify and recommend legislative changes to P.L.2021, c. 201 ( C.34:1B-374 et al.). The report shall include an assessment of whether the costs incurred in implementing

the Garden State C-PACE Program are an effective means of facilitating the financing

of projects. (2) No later than five years after an authorized municipality or a county establishes

a local C-PACE program pursuant to section 6 of P.L.2021, c. 201 ( C.34:1B-379 ), the municipality or county shall prepare and submit to the Governor, the authority

and, pursuant to section 2 of P.L.1991, c. 164 ( C.52:14-19.1 ), the Legislature, a report that reviews and assesses implementation of the local

C-PACE program. The report shall evaluate its local C-PACE program, including a review of foreclosure

rates and any other factors the authority deems appropriate. The report may also identify and recommend legislative changes to P.L.2021, c. 201 ( C.34:1B-374 et al.). c. The authority shall post all reports prepared by the authority pursuant to this

section on its Internet website. Each authorized municipality and each county that has established a local C-PACE

program shall post all reports prepared by it pursuant to this section on its Internet

website.