North Carolina has joined more than 35 states across the country to adopt a new form of financing for commercial real estate owners and developers. Known as Commercial Property Assessed Clean Energy (C-PACE) financing, the...more
Property Assessed Clean Energy (PACE) is a financing model that provides low-cost, long-term funding for eligible energy efficiency and renewable energy projects. PACE is a national initiative by the U.S. Department of...more
The U.S. Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA) issued Mortgagee Letter 2016-11, which specifically permits properties encumbered with a Property Assessed Clean Energy...more