Commercial Property Assessed Clean Energy (C-PACE) provides long-term, fixed-rate, non-recourse private capital with amortization periods up to 20 years. It supports recapitalizations, building upgrades, and new developments, with repayment made through a non-accelerating property tax assessment that transfers on sale or can be prepaid at any point.
Explore PACE Equity Finance’s tailored C-PACE capital solutions across hundreds of projects.
PACE Massachusetts is administered by Mass Development. C-PACE financing amounts are determined by the Total Eligible Construction Costs (TECC) method, with higher funding limits for projects that incorporate higher energy efficiency standards. 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.
