Property Assessed Clean Energy [PACE] Program

The PACE Program is applicable for pre-1980’s commercial, industrial, nonprofit, and multifamily buildings (not town buildings or private residences of 1-4 units) with 12 units or more and minimum $250K project costs. Low-cost, long term project funding can be assigned as a betterment on property taxes and paid over 10-20 years. MGED rebates can also apply bringing the overall costs down. 

For more information, visit the Mass Development PACE Program page

Eligible measures include:

Insulation and air sealing
HVAC systems
Boilers and furnaces
Energy Recovery and redistribution systems
Solar panels
Solar hot water

Pace Lending Structure