The MD-PACE program facilitates the lending of commercial property assessed clean energy (C-PACE) financing for commercial real estate owners in Maryland. Property owners can use c-PACE financing tofinanceimprovements benefitting the property’s energy or water usage, including HVAC upgrades, hot water heaters, building envelope improvements, andotherclean energy measures.
Through MD-PACE, commercial, industrial, and nonprofit properties use private capital to finance 100% of efficiency and renewable energy upgrades which are then repaid as a long-term surcharge on the property. This kind of voluntary surcharge added to a property’s tax bill is similar to a surcharge for a sewer or water line; this approach makes energy upgrades accessible, allowing owners to reduce energy and operational costs and improve their buildings’ overall value.
Commercial property owners, contractors, and capital providers interested in more information about how you can get involved with MD-PACE, should visit www.md-pace.com.
Email: info@md-pace.com
Phone: 301-660-4718
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