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 energy efficiency and 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.
Georgia
C-PACE financing is available in the city of Atlanta. The local program, Invest Atlanta, has been in place since September 2023 and remains the only operational program in the state. The remainder of Georgia is actively working to adopt C-PACE financing. In April 2024, the Governor signed House Bill 206 into law, allowing for the creation of a statewide program. This program is not yet active.
Idaho
C-PACE financing is available in Idaho. Legislation (H 624) allows for new and existing commercial properties to include energy efficiency, renewable energy, water conservation, and resiliency (including energy storage and microgrids).
New Jersey
As of August 8th, 2025, C-PACE financing is available in New Jersey. The local program, Garden State C-PACE, is administered by the New Jersey Economic Development Authority. Over a dozen municipalities have opted-in to enabled C-PACE.
Prevailing wage is a requirement for all projects participating in the Garden State C-PACE program, including refinancing projects.
New Mexico
C-PACE financing is available in New Mexico. The counties of Bernalillo, Santa Fe, and Taos County, as well as the municipalities of Albuquerque, Taos, and Santa Fe, have opted into the program.
PACE Equity Finance closed the second-ever New Mexico C-PACE Project, Modern Elder Retreat Center, in December 2024.
North Carolina
C-PACE financing is available in North Carolina. New Hanover County became the first municipality to adopt C-PACE financing on February 17th, 2025. The statewide program is administered by the Economic Development Partnership of North Carolina (EDPNC) and the North Carolina Department of Commerce.
As of 11/19/2025, the city of Charlotte and Mecklenburg County have adopted C-PACE financing. Raleigh and Durham are expected to follow shortly.
New York
C-PACE financing is available in New York. NYSERDA updated C-PACE guidelines to support new construction in New York City by removing the SIR/CBR requirement for all electric buildings and published an updated CBR methodology to establish an incremental cost approach for meeting it.
To learn more about a particular C-PACE program, contact us.