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Property Assessed Clean Energy

Open-Platform 

The FDFC PACE open-platform program joins together third-party PACE Program Administrators to provides our program with a higher level of competition and serve as much of the state as possible. All FDFC Program Administrators go through a comprehensive due diligence process. 

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PACE Financing

Property Assessed Clean Energy or “PACE” is a financing option that allows property owners to make improvements to their property pertaining to energy conservation, energy efficiency and wind-hardening and make the payment on their tax bill. 

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PACE allows a property owner to utilize the equity or value built-up over time from their original ownership date to serve as the main basis for the extension of credit. It is important that property owners fully understand all of their financing options to determine and their ability to handle the increase on their annual tax bill to see if PACE financing is the right option.

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Qualifying Improvements ​for PACE Financing

The three major areas of improvement that are included in Florida Statute pertain to energy conservation and efficiency, renewable energy, and wind resistance. Permanent improvements that qualify are items such as roofing, heating and cooling, impact resistant windows and doors, hurricane shutters or sealing and insulation. 

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PACE Assessment

PACE is a voluntary special assessment for an improvement on the property. Payments for this form of financing are made through the property tax bill. Should a sale of the property with a PACE assessment occur, the PACE assessment obligation may either stay with the property or the new property owner lender determines if pre-payment is required.

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Active PACE Assessments