Finance Product Details
PACE Funding offers Property Assessed Clean Energy (PACE) financing to residential property owners for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 25 years. PACE Funding is a public/private financing program with Admirals Bank, California Statewide Communities Development Authority, and your city or county.
Verified by Lender on: 8/2/2017 0
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
California Statewide Communities Development Authority
Financing & Payment Information
5.95% - 8.29%
5, 10, 15, 20, 25 years
15 % of property value
One-time fees, Ongoing fees
Down Pmt. Required:
Property Taxes (PACE)
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Electric vehicle charging stations and energy storage.
Funds other energy-related projects
PACE can finance all costs related to the development of the project. This can include program fees, audit costs, engineering,
Other Program Requirements
Must be program-approved
Financing Approval Time
Equity in Property Needed