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.

Clean Energy Improvements Eligible for C-PACE Financing include:

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Seismic Strengthening

Structural retrofits (superstructure strengthening) and non-structural
retrofits (supplemental bracings and supports)

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Energy Efficiency

Air sealing and ventilation, HVAC, windows, lighting, insulation,
roofing, refrigeration, charging stations, and more

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Wildfire Hardening

Building hardening and
fire-resistant building materials

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Water Conservation

Fixtures, irrigation, landscaping,
water reuse, and more

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Renewable Energy

Solar, wind, cogeneration,
fuel cell, and more

C-PACE Financing Team

paul hoffman

Paul Hoffman

Senior Vice President
Manager of C-PACE Lending

P 626.568.2105 | M 626.314.4106