At this year’s Energy Exchange and Better Buildings Summit, the Energy Department recognized PACE Equity as a goal achiever of the Better Buildings Challenge. We have been and continue to be a Better Buildings initiative Financial Ally and Partner since the program began in 2014.
Image copyright: PACE Equity.
The Better Buildings Challenge is a commitment by leading businesses, manufacturers, cities, states, universities, and school districts to improve the energy efficiency of their portfolio of buildings by at least 20% over 10 years and to share their strategies and results. This Department of Energy initiative encourages building owners to improve their buildings’ efficiency and sustainability, reducing emissions as a result.
The list of Achievers represents leaders in energy efficiency who have met their Better Buildings Challenge commitment. As both an Achiever and a Financial Ally, PACE Equity has shown its commitment to enabling sustainable solutions throughout the country.
PACE Equity financing is available for use in ground-up new development, adaptive reuse, and building improvements that prove, through energy engineering analysis, that applying specific building upgrades can improve the building’s energy use. PACE Equity can finance 100% of qualifying building improvements, up to 30% of a building’s value. The funding can be applied to:
- Seismic Support (in some states)
PACE Equity’s turnkey solution makes it easier for our clients to focus their attention on other important aspects of their renovation or development project. Our focus is on efficient approvals from banks to the PACE administrator, combined with our in-house energy engineering process, which ensures that our clients get the funding they need.
Read more about How PACE Equity Financing Works, here, or read a recent case study on how we funded a critical piece of this historical landmark’s redevelopment project.
Leave a Blog Comment