The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss
Local municipalities in Oregon are able to create special improvement districts where property owners can access PACE financing for renewable energy and energy efficiency projects. Municipalities can issue bonds or borrow money from the Oregon Department of Energy Energy Efficiency and Sustainable Technologies Loan Program
Local governments are authorized to issue Industrial Revenue Bonds to finance energy efficiency upgrades and renewable energy projects for industrial and manufacturing development. Local governments are empowered to issue bonds for direct financing or to create loan programs.
The Alaska Housing Finance Corporation administers the Energy Efficiency Revolving Loan Fund Program which gives loans to state government entities, municipal governments, the University of Alaska, and schools for qualifying energy efficiency improvements. Savings from the project must exceed loan payments. Loan participants need to
Delaware C-PACE offers low-interest loans to commercial, industrial, agricultural, nonprofit, and multifamily property owners for energy efficiency and renewable energy projects. Loan amounts can range between $30,000 and $2,000,000 per project. For a property owner to take advantage of this program, the county in which
The Maryland Clean Energy Capital Financing Program provides projects with access to lower-cost capital and an advantageous finance structure for projects that include renewable energy production and energy efficiency measures. Eligible participants include governments, institutions, nonprofit organizations, and business entities. For purposes of this program,
The Missouri Department of Natural Resources provides loans to public schools, public and private non-profit hospitals, and local governments for energy efficiency and renewable energy projects. Loans are given at a 2.5% interest rate and a 10 year maximum loan term. This is a reimbursement
In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top 1/3 in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within these jurisdictions may apply
The Alternative and Clean Energy Program provides grants, loan guarantees, and loans for the construction of alternative and clean energy projects. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, individuals, and local governments. Alternative
Local governments in Virginia are authorized to offer PACE financing for renewable energy, energy efficiency, and water efficiency projects at commercial properties. Property owners and developers receive long-term,100% financing from qualified capital providers,
