New-Hampshire C-PACE Program

C-PACE Status: Enabled & Active

C-PACE Financing is available in New-Hampshire and allows building owners and developers to access the capital they need to make energy-related deferred maintenance upgrades in their existing buildings, support new construction costs, and make renewable energy accessible and cost-effective.

How does C-PACE work?

C-PACE makes it possible for commercial property owners to obtain low-cost, long-term financing for ener­gy efficiency, water conservation, and renewable energy projects. Most commercial property types qualify for C-PACE financing.
The program starts with a state-level government policy that classifies clean energy upgrades as a public benefit – like a new sewer, water line, or road.
These upgrades can be financed with no money down and then repaid as a benefit assessment on the property tax bill over a term that matches the useful life of improvements and/or new construc­tion infrastructure (typically ~20-30 years). The assessment transfers on the sale of the property and can be passed through to tenants where appropriate.
While facilitating sustainability efforts, the program reduces property owners’ annual costs and pro­vides dramatically better-than-market financing for green new construction.

Submit a C-PACE Soft Quote Request Today!

C-PACE Financing Overview

Next Generation Construction Finance for Energy Efficient Upgrades and Deferred Maintenance

building
C-PACE (Commercial Property Assessed Clean Energy) is a public-private partnership enabled by state law and financed with private capital that finances sustainability improvements to CRE such as: energy efficiency, water conservation, seismic resiliency and wildfire hardening. C-PACE financing can also be used to fund portions of “green” new construction in some jurisdictions.
C-PACE finances these measures with long-term, fixed-rate financing, generally on a non-recourse basis. The structure exists because the state and local municipalities view these improvements as a public benefit, akin to how a sewer improvement would benefit the public.

Product Snapchat

20-30 years fixed-rate loan
terms Rates 50% less than

mezz/pref

Non-recourse upon completion
Obligation may be transfered on sale or prepaid
Tailored step-down prepayment fees

C-PACE Product Term Sheet

Next Generation Construction Finance

Loan amount

$5,00,000 –  $5,00,000,000

LENDING FOOTPRINT
All states with active C-PACE programs and continually expanding (Currently): CA, CO, CT, DE, FL, IL, KY, MA, MD, MI, MN, MO, NE, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WI, DC
LOAN PURPOSE
100% financing for energy, water, and resiliency capital expenditures.
ELIGIBLE PROPERTIES1
Multifamily, Hospitality, Industrial, Office, Retail, Senior Living, Student Housing, non-profit, and special purpose.
INELIGIBLE PROPERTIES
Single-family residential, residential condos, government owned buildings.
ELIGIBLE UPGRADES2
Hard, soft, and associated costs connected to mechanical, electrical, plumbing, building envelope improvements and renewable energy sources. Examples include HVAC, LED lighting + facility controls, boilers, windows, and solar.
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Submit a C-PACE Financing Request

Submit a Financing Request

Secure favorable term sheets for your real estate project