C-PACE enables building owners to access flexible, 100% upfront financing to improve their buildings' value:
C-PACE Requires 0% Down and Allows Long Payback Periods
- Building owners can be cash flow positive from day 1
- Underwriting is focused on the underlying building
- Accessible to those with Non-Investment Grade Credit
C-PACE Allows Tremendous Flexibility
- Buildings that may sell before full payoff
- Buildings where tenants pay energy bill but owner finances upgrades
- Projects that have longer payback periods
Owners with Tax Appetite Love C-PACE
- Full realization of tax credits – including solar ITC
- Accelerated depreciation benefits (MACRS)
Immediate Net Operating Income Improvement
- Increases NOI – all C-PACE projects are cash flow positive
- Doesn’t tie up balance sheet with debt
- Also increases value of underlying asset
Why should property owners use C-PACE?
Video courtesy of PACENation.
Resources for Building Owners:
C-PACE for Property Owners
Learn about how C-PACE can help property owners invest in energy efficiency projects that are cash flow positive from day one. Document courtesy of PACENation.
Application for C-PACE Financing
All property owners wishing to benefit from C-PACE financing must complete and return the application for financing to info@paceservicing.com. This form is submitted as part of a larger application package.
Directory of Registered Capital Providers
All C-PACE projects in the MD-PACE program must be financed by a program-registered capital provider. Current as of February 2019.
Directory of Registered Contractors
All C-PACE projects in the MD-PACE program must be executed by a program-registered contractor. Current as of February 2019.
List of Consenting Lenders
C-PACE financing requires the express consent of any preexisting mortgage holders or similar lien holders on the property. This is a non-comprehensive list of lenders nationwide that have consented to C-PACE financing. Document courtesy of PACENation.