T E X A S ’ O P E N - M A R K E T P A C E P R O G R A M A D M I N I S T R A T O R Charlene Heydinger – Charlene.Heydinger@keeppace.org Jonathon Blackburn – jonathon@texaspaceauthority.org Peter Herlin – peter@texaspaceauthority.org Toll Free: 1-855-738- PACE (7223)
WHAT IS PACE FINANCING? 100% FINANCING PROJECT PAYS FOR ITSELF
HOW DOES IT WORK? Up to 100% financing and the project pays for itself “ C a s h f l o w ” R E P A Y M E N T
PACE BENEFITS S o l u t i o n s P r o b l e m s Immediate Cash flow Long simple payback? Triple Net lease Split Incentives? PACE Stays with land Short Holding Period?
WHAT IS ELIGIBLE? In active PACE region Improvements that save energy/water Permanently affixed to property Private Non residential Property Nonprofits Commercial Industrial Multifamily No Government Buildings No Greenfield Development
PACE SOLAR PROJECT Family Eldercare Solar Panels New Cool Roof $262,000 project Cash flow 140,000 kwh saved/yr Positive
HOW DO I START PACE HERE? Contact the Texas PACE Authority PACE in a Box Local Government education/outreach
T E X A S ’ O P E N - M A R K E T P A C E P R O G R A M A D M I N I S T R A T O R Charlene Heydinger – Charlene.Heydinger@keeppace.org Jonathon Blackburn – jonathon@texaspaceauthority.org Peter Herlin – peter@texaspaceauthority.org Toll Free: 1-855-738- PACE (7223)
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