PACE – Urban Ingenuity

Urban Ingenuity makes funding your green building improvements easy with PACE.

PACE (Property Assessed Clean Energy) offers affordable, long-term financing for building upgrades that reduce utility bills and maintenance expenses and is repaid through the property tax bill. PACE can fund 100% of costs for eligible projects, with no money out-of-pocket for property owners.

PACE BENEFITS

REDUCE UTILITY BILLS

Cut energy, water & stormwater fees
Realize savings immediately
Hedge against rising prices

IMPROVE CASH FLOW

Up to 100% financing
Increase net operating income
Reduce O&M costs

LOWER CAPITAL COSTS

Displace equity & expensive mezz debt
Fixed & adjustable rates at 20+ yr terms
Compatible with incentives and rebates

EXTEND CAPITAL BUDGETS

Address deferred maintenance needs
Preserve capital replacement reserves
Solve gaps in project funding

INCREASE PROPERTY VALUE

Improve tenant comfort
Command higher lease rates
Potentially off-balance sheet

GO GREEN

Increase Energy Star score & LEED points
Reduce carbon footprint
Install clean energy improvements

SERVICES

DC PACE

Urban Ingenuity is the Program Administrator for the District of Columbia's commercial PACE program, and has closed over $34 M in PACE financing to date, making DC PACE one of the largest PACE programs in the country. If you are a DC building owner, property manager, or service provider interested in using PACE in DC, contact us today to get started or visit DCPACE.com for more information.

National CivicPACE

Urban Ingenuity works in PACE markets nationally to structure and close PACE financing for non-profits, community institutions, and affordable housing, and is available to support CivicPACE nationwide. If you are non-profit or affordable housing building owner or project developer interested in PACE, contact us today to get started.