C-PACE is a public/private financing mechanism that enables long-term investment in energy, water, and resiliency improvements. Its repayment structure and extended terms help reduce operating expenses and strengthen a project’s financial position. The Garden State C-PACE Program is available for many municipalities across the state.
Explore PACE Equity Finance’s tailored C-PACE capital solutions across hundreds of projects.
The Garden State C-PACE Program works by enabling eligible commercial, industrial, agricultural, and certain multi-family residential real property owners to access financing to undertake these kinds of improvements on their properties and repay the financing through the payment of an additional assessment to their municipality, similar to their real property tax. Projects financed through the Program will be secured by a special assessment lien on the improved real property. Program guidelines require all C-PACE developments pay prevailing wage.
