Who Might Qualify:
• Developers
• Business owners
• Non-Profit Organizations
• Governmental Entities
The PACE Program can finance investments in energy related
improvements in new and existing real estate property,
thereby reducing the operating costs of the borrower
through energy cost savings. Eligible improvements include
heating and cooling systems, roof, insulation, windows, and
solar and geothermal projects. The PACE bonds are paid by
the property owner with special assessments levied on the
project. The program can provide up to 100% fixed-rate
financing for a term not to exceed the expected useful life of
the improvements.