C-PACE financing improves a borrower’s ability to pay
C-PACE helps commercial and nonprofit property owners access affordable, long-term financing for green energy upgrades. Energy improvements can produce immediate savings, increase cash flow, and create stronger, more valuable assets.
Mortgage holders are involved in determining eligibility because building owners must receive mortgage holder consent before a project can be financed.
C-PACE creates stronger properties and stronger cash flow
Assessments do not accelerate
In foreclosure, only the amount currently due or in arrears would be collected and extinguished.
Better cash flow
Up to 100% financing over terms up to 25 years can help maintain a borrower’s ability to repay their mortgage.
Permanent improvements
Energy upgrades are affixed to the structure, improving the building’s long-term value.
Transferable liens
C-PACE assessments can transfer automatically to a new property owner if the building is sold.
Projected savings
Statute requires qualifying projects to have projected lifetime savings greater than total investment.
Trusted ally
The Green Bank administers C-PACE statewide and brings deep program experience to stakeholders.
It’s easy to get started!
Join us in creating stronger businesses and greener buildings.