Property Assessed Clean Energy (PACE) is a legislated public/ private partnership that was approved in New York 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.
