C-PACE Financing in Oklahoma

PACE Equity Finance funds C-PACE loans in Oklahoma City, Tulsa, and other municipalities in Oklahoma

Commercial Property Assessed Clean Energy (C-PACE) is a state-authorized program that brings private capital to energy and sustainability improvements in commercial real estate. By spreading repayment over extended terms, it helps owners reduce utility costs and modernize their buildings with low-cost, fixed-rate, and long-term loans. The Oklahoma C-PACE program encourages energy and water efficiency improvements, renewable energy systems, and building resiliency projects for commercial properties.

C-PACE Status: Active Program
Max Term: 30 years
Max LTV: 35%
Refinance Availability: 2-year lookback

Explore PACE Equity Finance’s tailored C-PACE capital solutions across hundreds of projects.

Oklahoma C-PACE

Oklahoma C-PACE allows for long term, low-interest rate financing with no upfront costs for building owners who want to modernize building energy infrastructure, lower energy costs, and increase building comfort and asset value. In Oklahoma, C-PACE financing is available for commercial building improvements which include HVAC upgrades, boilers, chillers and furnaces, automated building controls, high efficiency lighting, building envelopes (insulation, windows, etc.), low-flow fixtures, solar, geothermal, electric vehicle charging stations, and other energy source, energy-efficiency, water conservation, and resiliency improvement projects.

Oklahoma C-PACE Financing Parameters

Property Types

Multifamily, Senior Housing, Industrial, Hospitality, Retail, Office, Storage

Eligible Projects

Renovation, Redevelopment, Refinance, New Construction, Renewable Energy

Term

Up to 30 years.

Amortization

Fully amortized over the term.

Interest Rate

Fixed rate over the term; spread over a 10-year UST.

Capitalized Interest

No payments during the construction period.

Recourse

Non-recourse, completion guarantee (on New Construction and major redevelopment).

Repayment

Paid through an annual or semi-annual tax assessment on the property.

Prepayment

Prepayable at any time, subject to step-down prepayment premium. No lockout.

LTV

Up to 35% property value.

DSCR

1.10 – 1.30 at stabilization.

Funding Time

Construction, Mid-Construction, Refinance — up to 2 years after completion.

C-PACE Financing Case Studies

SkyRidge Resort
$63.3 Million
Deer Valley, UT
  • Hospitality
  • New Construction
  • Refinance / Recapitalization
SIXTY DC Hotel
$22.5 Million
Washington, D.C.
  • Hospitality
  • Redevelopment
  • Refinance / Recapitalization
Meadow Valley
$25 Million
Traverse City, MI
  • Senior Housing
  • New Construction