C-PACE Financing in Washington, D.C.

PACE Equity Finance funds C-PACE loans in Washington, D.C.

Property Assessed Clean Energy (PACE) is a legislated public/ private partnership that was approved in Washington D.C. as a financing tool to encourage energy efficiency with long-term, low-rate, non-recourse funds. Your construction budget can use our private capital funding for costs which impact energy & water spend, renewable improvements or resiliency measures. The repayment of our capital is made through a long-term special tax assessment on the property, making it transferable with the property.

C-PACE Status: Active Program

Max Term: 30 years

Max LTV: 35%

Refinance Availability: 3-year lookback

$22.6 million C-PACE financing delivered mid-construction to cover cost overruns and paydown expensive debt. Washington, D.C.

DC PACE

The DC PACE program is administered by DC Green Bank. C-PACE financings must demonstrate a savings to investment ratio (SIR) greater than one, as confirmed by PACE Equity Finance’s energy audit. Applicable savings include those associated with energy efficiency improvements in addition to financial benefits from replacing equity and expensive debt with C-PACE.