State: CT
Resource Intensity: Medium
Co-founding: No
Cost Share: N/A
Sector: Energy
Support Stage: Implementation
Support to: Local Governments
Type of Funding: Loan

This program is administered by the Connecticut Green Bank. “Commercial Property Assessed Clean Energy (C-PACE) is an innovative program administered by the Connecticut Green Bank that is helping commercial, industrial, non-profit and multi-family property owners access affordable, long-term financing for green energy upgrades to their buildings.
And for municipalities, C-PACE is having far-reaching impacts. With C-PACE, local economies grow stronger and towns’ and cities’ portfolios of energy-efficient buildings increase. C-PACE makes municipalities better places to do business and results in stronger and healthier communities for all.
C-PACE is a proven and familiar means of financing, and the Connecticut Green Bank is deeply experienced in making the process go smoothly. For all these reasons, nearly 130 of Connecticut’s 169 towns and cities have already chosen to participate in the C-PACE program, making green energy upgrades more accessible and affordable to building owners. “