C-PACE for Property Owners

C-PACE enables building owners to access flexible, 100% upfront financing to improve their buildings’ value

Maryland property owners are discovering that C-PACE is a powerful tool to fund capital-intensive building retrofit and new construction projects. With no initial cash contribution, property owners may finance 100% of eligible energy efficiency, renewable energy and water conservation improvements at competitive rates with repayment terms of up to 25 years. This directly impacts the bottom line of any project.

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 Transfers with Title and to Tenants

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

Resources for Property 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 the application for financing. This online 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.

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.