Commercial Property Assessed Clean Energy (C-PACE) is a state policy-enabled financing mechanism that allows building owners and developers to access low-cost, long-term, fixed rate financing for energy efficiency, water conservation, and renewable energy projects.
Available for almost all commercial properties including multifamily. Ineligible properties include Single Family Residential and Government-Owned.
Reduce operating expenses by investing in energy efficiency and renewable energy measures.
With equipment financing terms that match useful life, savings can be realized on day one.
Put an end to costly repairs by replacing obselete physical plant components with efficient products and financing.
Tenants can share in both the cost and benefits of C-PACE financed improvements.
Improve NOI and the overall marketability of properties with efficient and renewable energy infrastructure.
For new construction and existing properties alike, C-PACE financing preserves working capital.