C-PACE commercial PACE financing

Tennessee Announces Launch of C-PACER Program

April 21, 2021

Tennessee Launches C-PACE Program with Resiliency Provisions

Joining more than 26 other states, Tennessee has approved its C-PACE program as the sustainable financing tool continues to grow nationally.
The program as titled C-PACER, officially becomes active July 1, 2021, while its titling "C-PACER" affirms a trend for legislation to extend the definition of eligible improvements to include "resiliency" measures.
Follow the bill's path to approval that began with sponsorship by State Senators Bob Freeman (D) and Paul Rose (R) here.
The entire state will be eligible, similar to IL and OH, as there is no requirement for a centralized program, meaning property owners and developers can work directly with CounterpointeSRE to bring C-PACER financing to their property and community on a project by project basis.

NYC PACE Advances: Start date indicated | New Construction Approved

March 18, 2021

Big Day for NYC PACE as program nears launch

During an Urban Green Council webinar moderated by Counterpointe Sustainable Real Estate's Michele Pitale on March 18th, the program administrator NYCEEC, represented by Co-CEO Fred Lee indicated an anticipated program start date of April 22nd or Earth Day.
On the same day, March 18th, the New York City Council passed Int 2170-2020-A, which amended the previously passed bill to include new construction as a part of the emerging PACE program, a.k.a Local Law 96. Queens (District 22) Council member, Costa Constantinides, who introduced the amendment and has led on LL97 and LL96, noted the importance of amendment on Twitter, thanking NYC Council Speaker Corey Johnson and Justin Brannan for their support.

Recent Deals Point to Role of C-PACE

January 20, 2021

A selection of CounterpointeSRE's recent transactions indicates the ever-increasing importance of PACE financing. Explore these three examples which demonstrate the ability for PACE to:

Mid-Construction Use of C-PACE Creates Liquidity

November 20, 2020

C-PACE programs encourage and incentivize the integration of energy-saving and renewable infrastructure in the built environment through long-term low-cost financing. Traditionally PACE financing is accessed for retrofits and new construction, but the development stage of a project isn't limited to future work. PACE financing can be applied to completed and mid-construction projects, which makes it an extremely useful tool for projects that are experiencing cost overruns such as those experiencing delays and increased costs due to the COVID-19 public health crisis.

HS_Test (Ticket #3389839)

June 01, 2020

CounterpointeSRE team members are engaged in several webinars as Summer approaches. Topics range from PACE's role in the capital markets to resiliency finance in the post-COVID era. Explore below.

Open and closing

May 06, 2020

CounterpointeSRE closes nine C-PACE financing transactions during COVID-19 isolation (since March 23, 2020)

BE-EX Energy Efficiency "Virtual Exhibit" Points to C-PACE

May 05, 2020

NYC's big-building greenhouse gas emissions (GHGs) reductions will be driven by PACE-eligible infrastructure elements.

Resources For Public Health Infrastructure

March 27, 2020

COVID-19 and future Public Health Crisis Response technologies, tools and legislation suggested by pros.

Counterpointe’s team is currently working with healthcare providers, engineers and energy services professionals to consider how current legislation may be expanded to help healthcare and other commercial facilities respond to COVID-19 and future public health crises. We have received feedback from a wide range of our partners regarding potential legislative changes, specific technologies and facility improvements that can assist in the response to COVID-19 as well as future responses. CounterpointeSRE does not represent that any one of the below product suggestions represents a complete solution, rather we are sharing a summary of submissions for the sake of industry discussion and consideration.

Fairfax County Office Buildings Among top Sectors to Benefit from Newly Passed Environmental Legislation.

February 13, 2020

Availability of Commercial PACE Financing Will Support Economic Development and Carbon Reduction

CounterpointeSRE Provides $21.25 Million in C-PACE Financing to the Prime Group, Inc. in the City of Chicago's First Chicago PACE Transaction

December 17, 2019

Assessment funds efficiency elements of the new Reserve Hotel development at 208 S. LaSalle Street, Chicago IL

CounterpointeSRE Sustainable Real Estate

COVID-19 and future Public Health Crisis Response technologies, tools and legislation suggested by pros.