What is C-PACER?

Commercial Property Assessed Clean Energy + Resiliency (C-PACER) is an innovative financing mechanism to help commercial, industrial, agricultural, and multi-family buildings become more efficient and resilient.

C-PACER does not use any government funds, it is a loan agreement between a private lender and the property owner, like a mortgage or home improvement loan. The unique part about C-PACER financing is that the county records the loan as a lien on the property, which means that if the property owner sells the building, the assessment stays with the building (unless the payoff is part of the sale agreement).

Examples of projects that can be financed using C-PACER include:

• Energy and water efficiency
• Electrification improvement (eliminates fossil fuel combustion)
• Renewable energy
• Electric vehicle charging
• Seismic hardening
• Fire detection and suppression
• Flood readiness
• Stormwater management
• Energy storage

Benefits of C-PACER Financing

• Property owners can save money by lowering utility bills and energy costs
• Longer loan payback terms can make PACE-funded projects cash-positive sooner than traditional loans
• PACE loans rarely require cash up front, making them more accessible to property owners than other loans
• Lower interest rates on PACE financing makes loans more affordable
• Creates local jobs and spurs economic activity through the funding of new efficiency and resiliency projects

C-Pacer Application Forms

• Resolution Adopting Model Ordinance
• Model Ordinance
• Program guide
• Assessment Agreement
• Project Application Checklist
• Notice of Assessment Interest and C-Pacer Lien
• Assignment of Notice of Assessment Interest