Author: PACE Staff Published: 3/5/2025 PACE NATION
In a time of shifting political landscapes and economic uncertainty, PACE financing continues to demonstrate its resilience and adaptability. Our latest blog post on “The State of PACE in 2025,” explores the factors that have contributed to PACE’s success, including its history of bipartisan support and its ability to thrive in various economic climates. Discover how PACE is navigating the challenges and opportunities of today’s market and what this means for the future of sustainable development.
PACENation’s family is growing and building a powerful movement for PACE financing. Our network of members represents a diverse range of expertise and a shared commitment to sustainable solutions. Together, we’re expanding access to PACE, driving innovation, and building a more resilient future for communities across the nation.
Want to be part of this movement?
Explore our membership options and sign up here or contact us at membership@pacenation.org. We’d love to hear from you!
- Increased Funding on Commercial Buildings Approved for Texas C-PACE Projects
- Housing developers will have a new green financing tool in New Hampshire
- C-PACE Launches in New Hanover County, North Carolina; the First County in the State to Adopt C-PACE
- Renew Financial Expands Residential PACE Financing to Unincorporated Hillsborough County
- Knox County announces renewable energy project loan program
- Nuveen Green Capital Provides 1st Idaho C-PACE Financing
- Partnership Receives $61.5 Million in Refinancing for Waterfront Retail Development in Los Angeles
- Capital Ideas: Why C-PACE Lenders Remain Resolute
- $25.8M in clean energy financing OK’d for massive hydroponic greenhouse in Exeter (RI)
- C-PACE & Thermal Harvesting: A Solution for the $500B Expansion of Data Centers in the United States?
Date & Time: March 11, 2025 at 4:00PM Eastern / 1:00PM Pacific
On this month’s member call, we’ll hear updates from
two states on major C-PACE developments:
- Learn about the latest updates to Texas’s PACE-in-a-Box standards and guidelines, including expansions of allowable financing amounts and changes to the Savings to Investment Ratio (SIR) and repayment schedules
- Learn about NH C-PACER legislation SB4, and hear from the agency responsible for implementing C-PACE in the state
- Discuss the benefits of C-PACE for promoting clean energy, efficiency, resilience, and housing development in New Hampshire
- James Key-Wallace, Executive Director, New Hampshire Business Finance Authority
- Dub Taylor, COO, Texas PACE Authority
- Glenn Silva, COO, Lone Star PACE
Members – Register for the call here
1. How long have you been in the PACE industry and what is your professional background, or route did you take to get here? What drew you to PACE?
I started Asset Environments in 2016 and PACE was passed in Nebraska in 2017, so part of the story is being in the right place at the right time. Early on I connected with a couple of the guys who helped pass the legislation, and we worked together to get the PACE market going locally.
2. Where does your company/organization/agency fit in the PACE market? What is your unique value?
We work hard to make PACE lenders’ and building owners’ lives easy by taking care of the technical approval process as seamlessly as possible. We work hard to be as responsive as possible to make sure PACE transactions aren’t held up by the technical approval process, and because we’ve performed studies in 24 (and counting) states, we know the rules and administrators in almost every active market.
3. What is the best piece of advice you would give to someone new to PACE?
The best place to start to understand program rules is to have a conversation with the administrators. Reach out to them directly and make sure you’re interpreting the rules correctly, find out if they have specific goals or things they want to avoid, etc.
4. What are you most excited about for the future of PACE?
I could point to many trends, but it’s great to see the state-by-state PACE map continue to fill in. We’ve been working on getting PACE legislation passed in Iowa, so hopefully that comes to fruition. It’s also exciting to see the UK, Puerto Rico, the US Virgin Islands and others start to look at PACE or similar programs.
5. What book would you recommend for 2024 reading?
I’m in the middle of “Atomic Habits”, it’s a good book for January habit- and goal-setting.
6. Favorite thing to watch (on TV, streaming)?
I’ve got four girls at home so I don’t get much TV time in… Jill and I did finish the House of the Dragon series and are watching The Chosen. Both excellent.
7. Which PACE industry colleague would you like to give a shout out to in acknowledgement for their work?
We work with many, many great lenders so it’s too tough to pick just one.
Complex in Chesterfield, MO
PACE Loan Group finalized a $35 million C-PACE loan, the largest PACE project in Missouri to date, for the new 300,000 sq. ft. state-of-the-art studio complex in Chesterfield, Missouri. Authorized by the St. Louis County Clean Energy Development Board through the Missouri Energy Savings Program (MO-ESP), this financing will support the construction of a premier facility designed for the live events industry. Gateway Studios, a $111M development project in Chesterfield, MO, will be the largest dedicated rehearsal studio in North America.
The 20-year C-PACE assessment directly funds energy conservation measures integrated into the building’s design, including: building envelope optimization, LED lighting systems, high-efficiency HVAC, low-flow plumbing fixtures, and high-efficiency water heating equipment.
Read more here.
Don’t miss the premier event for PACE professionals!
Network, learn, and grow your business at the
PACENation Summit in NYC this May 15-16.