Property Assessed Clean Energy
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.
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.
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.