BENEFITS OF OWNER OCCUPIED PACE OR IDEAL™ BUILDING PROJECTS

  • PACE or IDEAL™ can fund 100% of the energy efficiency related improvements, up to a maximum of 20% – 30% of the property “value at completion”
  • Frees up cash
  • PACE or IDEAL™ funds are available from the start of a project until 3 years after the completion of a project (i.e. a look back provision for project reimbursement)
  • $500K to $20+ Million for any PACE or IDEAL™ project
  • PACE or IDEAL™ special assessment may be deductible as an operating expense
  • Energy savings, deferred maintenance and other operating savings often exceed the PACE or IDEAL™ special assessment
  • 45 – 90 days from application to closing
Owner Occupied