Where is C-PACE Financing Available?
States with Active C-PACE Financing
Commercial Property Assessed Clean Energy (C-PACE) financing is available in states (currently 40 and expanding) after legislation is passed and adopted on the local level. By enabling this innovative funding mechanism, governments unlock a strategic, flexible tool for commercial building developers and owners to complete their development capital stacks, recapitalize existing assets, and invest in resiliency, energy efficiency, or renewable energy upgrades.
PACE Equity Finance funds directly in every C-PACE-enabled state. Click on the map below to explore your local C-PACE program.
Funding Available
Funding Likely Available in 2026/2027
No Funding Available
Recent C-PACE Financing Updates
PACE Equity Finance has been a driving force in the widespread adoption of C-PACE financing across the U.S. The following states have recently adopted C-PACE legislation or seen substantial changes to existing programs.
Vermont
Vermont has enacted C-PACE enabling legislation, officially joining the growing number of states authorizing Commercial Property Assessed Clean Energy financing. The new law establishes the statutory framework for municipalities to create C-PACE districts and offer financing to commercial property owners. PACE Equity Finance can help your community create an opt-in program for your project.
New York
The New York State Legislature has approved major C-PACE modernization legislation, marking a significant update to the state’s C-PACE framework. The bill expands eligible improvements, removes an outdated cost-effectiveness requirement, clarifies underwriting standards, codifies mortgage lender consent, and creates a non-accelerating assessment structure.
Massachusetts
MassDevelopment released Version 3.0 of the Massachusetts C-PACE Technical Guidelines, introducing updates to project eligibility, underwriting, technical review requirements, and program fees. The updated guidelines also address financing levels for new construction projects based on compliance with local building codes.
Specialized Code has been adopted in 58 communities in Massachusetts, including Boston. In these municipalities, any new multi-unit residential building over 12,000 square feet must meet Passive House energy efficiency standards. PACE Equity Finance offers focused low rates for passive house programs through our CIRRUS C-PACE financing program for green certified buildings.
U.S. Virgin Islands
The U.S. Virgin Islands has enacted Bill No. 36-0248, establishing a Commercial PACE financing framework in the territory.
North Carolina
C-PACE financing is available in North Carolina through a statewide program administered by the Economic Development Partnership of North Carolina and the North Carolina Department of Commerce. New Hanover County became the first county in North Carolina to adopt C-PACE, and C-PACE financing is now also available in the city of Charlotte and Mecklenburg County. PACE Equity Finance can help your local community create an opt-in program for your project.
To learn more about a particular C-PACE program, contact us.