Building better with C-PACE
C-PACE new construction financing can help provide capital to new construction, repositioning, and gut renovation projects. Developers and owners can use this financing as part of their capital stack when designing more efficient, higher-performing buildings.
Invest with confidence
Use C-PACE as part of the capital stack for higher-performing buildings.
Reduce cost of capital
Replace more expensive debt or equity with affordable long-term financing.
Develop higher-performing buildings
Afford more efficient materials and systems that support long-term sustainability.
What is C-PACE new construction financing?
Developers can use C-PACE financing to complete their capital stack, lower weighted average cost of capital, or increase total available capital. Up to 35% of Total Eligible Construction Costs may be available for terms up to 25 years.
How it works
Developers demonstrate designed energy performance through whole-building energy modeling. Multifamily properties may also use the HERS Index. Designed performance above code determines the percentage of eligible construction cost available for C-PACE financing.
Eligible measures
Financing helps pay for hard and soft costs directly related to building design and construction.
It’s easy to get started!
Building upgrades are best accomplished with the help of an experienced partner. We’re here to help you get the job done.
Connecticut building owners are going greener!
Renovated state-of-the-art sports facility will have almost $2 million in lifetime energy savings.
See how C-PACE financing helped support meaningful energy savings for a Connecticut building owner.