What is PACE financing and how does it benefit you?

PACE creates opportunities for each stakeholders. Discover the potential of PACE for your commercial real estate development project. 

CleanFund's C-PACE Financing

What is PACE Financing?

PACE, or Commercial Property Assessed Clean Energy, can finance energy efficiency and renewable energy improvements on commercial properties. 

PACE uses bond proceeds to pay for the upfront costs associated with energy efficiency or renewable energy improvements. 

The capital is repaid over time as a tax assessment. The security provided by the tax assessment results in long term financing and transferability of the repayment obligations to the next property owner. 

Overall benefits

Financing Terms

Use of proceeds

PACE is for all stakeholders

CleanFund benefits each stakeholders in the real estate industry. Discover how PACE can benefit your organization. 

Lenders & Banks

Help borrowers maximize the value of their property.

Commercial Real Estate Developers

Increase value with financing that stays with the property.

Commercial Mortgage Brokers

Lower cost of capital compared to equity. or mezzanine financing.

Service Providers

Offer more appealing financing and do more projects.

Commercial Property Owners

Reduce utility of expenses with no out-of-pocket costs.

Municipalities

Clean up the built environment in your community.

Solar Projects Developers

Expand your solar commercial business.

What States have an established PACE program?

At CleanFund, we constantly track the evolution of PACE Policy and Programs. It is evolving everyday.

PACE Financing Starts with CleanFund

Get in touch with our team of experts to get started. 

Commercial Property Owners

C-PACE enables owners to fund projects with no out-of-pocket costs.

With terms up-to 30 years, C-PACE makes it possible for owners to make deep, comprehensive retrofits that typically result in energy savings that exceed the annual assessment payment. 

Commercial Real Estate Developers

Build a more valuable and competitive building

Less expensive from capital that can be amortized over 30-years, making it easy to maximize the cash flow benefits of the improvements being made to a specific property. 

Commercial Mortgage Broker

Cost of capital is lower

With the financing secured by the underlaying real estate, the cost of PACE can be much lower than equity or mezzanine debt. 

Solar-Project Developers

Expand your commercial solar business

Flexible financing platform for commercial solar and solar-plus-storage projects, enables owners to save money, regardless of their ability to utilize all available solar tax benefits. 

Service Providers

Increase job creation and retention with C-PACE in your proposal

Offer a more appealing financing option, which allows owners to think more broadly about upgrades, and answers the age-old question, “Great, now how are we going to pay for it?”.

Lenders and Banks

Lenders can replace part of their mortgage with C-PACE

C-PACE does not accelerate so only annually levied property tax payments, if unpaid, would be considered “senior” to a mortgage in a foreclosure situation.  Lenders will impound property taxes and pay taxes on behalf of their borrowers.

Municipalities

Lower the carbon footprint of your community's built environment

C-PACE is a voluntary program that creates jobs, improves the environment, and helps local business owners and companies improve their buildings and save money on their utility bills.

Get Started Today

CleanFund provides better capital for better buildings, making financing projects easy and affordable

Get in touch:

for any inquiry

Give us a call to get started. 

Feel free to email info(@)CleanFund.com and let us know how we can help you. Our team will route your email the the appropriate business development director and we’ll be in touch as soon as possible.