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CPACE OVERVIEW

Commercial Property Assessed Clean Energy (CPACE) provides property owners the opportunity to finance construction projects within existing buildings or new construction. With funding from private capital sources, CPACE is modeled after other funding methods used to fund public benefits and infrastructure.

BENEFITS

  • Funding for up to 25% of the building’s value

  • No personal guarantees

  • Up to 30 year fixed-rate funding

  • Lower rates/cost than mezzanine debt or equity

  • No payments for up to 2 years

  • No principal repayment required upon sale

  • Ability to pass through tax assessment to tenants or hotel guests

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IMPROVEMENTS

  • HVACR and Controls

  • Lighting & Electrical

  • Building Envelope

  • Water Efficiency

  • Renewable Energy / CoGen

  • Associated Soft Costs

QUESTIONS?

Contact us today to see if you qualify for CPACE Financing. 

duane@metropolitanbuildingsolutions.com