21 Feb 2023
PACE-ing Yourself
Property Assessed Clean Energy (PACE) financing has become a major source of capital for commercial and residential owners by financing the cost of energy-efficient improvements and paying back these loans through property assessments. Many states have adopted PACE programs, which can be C-PACE (commercial), R-PACE (residential), or both. Local governments then set up a framework to facilitate and record the financing. See this article for more information on PACE loans.
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Learn about residential property PACE loans and why they are unattractive to lenders.
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- NYC PACE Program Open for Business (Again)!
Check out this article discussing New York City’s commercial PACE program and its recently revised Program Guidelines.
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