Implementation
property Owners
Access financing for clean energy improvements and repay through an additional assessment on your property tax bill.
Step 1
Verify Eligibility
Confirm your property is located in a participating municipality and qualifies for commercial, industrial, agricultural, or multi-family residential improvements.
Step 2
Obtain Consent
Secure written consent from all existing lien holders on your property before proceeding with C-PACE financing.
Step 3
Submit Application
Work with a Qualified Capital Provider and Technical Reviewer to design your project and submit your C-PACE Application Form through the program.
Step 4
Complete Project
Once you receive approval, implement your energy efficiency, renewable energy, water conservation, or resiliency improvements.
Step 5
Repay via Assessment
Repay the financing through a special assessment on your property tax bill, with terms up to 30 years matching the life of your improvements.
Program Guidelines
Eligibility Requirements
Understand the criteria for properties, owners, projects, and financing costs to participate in the C-PACE program.
Eligible Properties
Property must be a parcel of real property located in a Participating Municipality
One of the following property types:
- Industrial, agricultural, or commercial property;
- Residential property containing 5 or more dwelling units;
- Common areas of condominiums and other planned real estate developments;
- Property owned by a tax-exempt or non-profit entity, including, but not limited to, schools, hospitals, institutions of higher education, or religious institutions.
Additional Requirement: The property must not be subject to any bankruptcy proceedings, defaults on any mortgage loans, or overdue tax payments, charges, and assessments.
Eligible Owners
Requirements for property owners seeking C-PACE financing
- The legal or beneficial owner of an Eligible Property or duly authorized by the legal or beneficial owner(s)
- Not subject to any bankruptcy proceedings
Eligible Projects
Eligible improvements that can be financed through C-PACE
- Energy Efficiency
- Renewable Energy Systems
- Electric Vehicle Charging Infrastructure
- Energy Storage
- Water Conservation
- Flood Resistant Construction
- Hurricane Resistant Construction
- Stormwater Management Systems
Eligible Costs
The categories of costs that may be financed through the program
- Direct Costs
- Indirect Costs
- Financing Costs of Capital Provider
- Program Fees
