What is C-PACE?
Commercial Property Assessed Clean Energy (C-PACE) is a state policy-enabled financing mechanism that allows building owners to access the capital they need to make energy related deferred maintenance upgrades in their existing buildings, and make renewable energy accessible and cost-effective.
Loan is attached to property, NOT to you. A minimum $200,000.00 of improvements on commercial buildings, and no smaller than 5-plex apartments are minimum requirements.
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.
What will you do with C-PACE?
- Solar Reflective Coatings
- Any energy reducing building component.