PACE Loans in Salt Lake City and the State of Utah

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PACE Equity Funds Local Developments

Property Assessed Clean Energy (PACE) is a legislated public/ private partnership that was approved in Utah as a financing tool to encourage energy efficiency with long-term, low-rate, non-recourse funds. C-PACE financing can be used for new construction, redevelopment, renovation, refinancing, and renewable energy projects. Our firm provides up to 20% of the capital stack (or 100% for the solar and other renewable energy projects). Since 2004, PACE equity has funded over 200 projects with a focus on delivering improved return on equity for our clients.

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CIRRUS

We also offer a unique program called CIRRUS Low Carbon which provides a significant rate reduction when you meet a low carbon design specification. The program uses PACE financing, with all of the features that make it a smart capital option yet incentivizes a slightly more efficient design with improved financial returns. Design your building to meet the specification, receive the lower rate, and receive a great promotional package to position your building as a low carbon property.

CIRRUS Low Carbon Details

PACE Financing Expert

Utah Managing Director

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Frank Swain is our Utah Managing Director. With a background in political lobbying, Frank’s career has been dedicated to developing clean energy and energy efficiency solution. He brings this experience into commercial real estate where he ensures his clients get climate and pocket-friendly results. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

Salt Lake City and the state of Utah’s C-PACE programs are administered by Utah C-PACE. PACE Equity financing is available in Utah for redevelopments, new construction, and retroactive refinancing for projects up to 3 years post completion. The life of the financial term can be as long as 30 years. Eligible improvements for PACE financing include seismic resiliency, high-efficiency, and water efficiency measures among others. PACE Equity’s experienced Energy Engineering and Building Optimization Teams take care of the energy audit and program application. Our streamlined process carries you through from end-to-end.

Relevant PACE Equity Case Studies for Salt Lake City and the State of Utah

Here are some recent case studies of projects you might find interesting. We’ve got more project stories that show the many ways we’ve helped deliver PACE financing.

Questions? Interest? Ready for more? Let’s connect.

Here is where we can fund projects today

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