Understanding the PACE financing process is critical for commercial property owners thinking about energy-efficient upgrades. The journey begins by identifying eligible improvements and calculating potential energy savings. Property owners then work with CleanFund, a trusted PACE provider, to secure financing, which is repaid via a voluntary property tax assessment. This method ensures that the repayment obligation stays with the property even if ownership changes. With terms of up to 30 years, CleanFund's PACE financing provides a manageable path to modernizing properties and achieving long-term cost savings.
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