C-PACE Financing

Commercial Property Assessed Clean Energy (C-PACE)

Commercial Real Estate Owners and Developers

Citizens Business Bank’s C-PACE Financing enables you to integrate green improvements and other carbon-reducing enhancements to your property without a large up-front capital contribution. Take advantage of the many opportunities associated with energy efficiency and renewable energy technologies.

Compared to traditional financing, C-PACE Financing is fulfilled through a voluntary property tax assessment. The assessment is tied to the property and is paid semi-annually with your property taxes. Should the property be sold, the repayment obligation is transferred to the next property owner. Improvements must meet certain criteria to be eligible for C-PACE Financing.