Project Size

$150,000 – $50 million

Terms

20-30 years, fixed-rate, with no guarantees or covenants required

Property Types

All commercial property types including office, retail, industrial, warehouse, manufacturing, multi-family, mixed-use, healthcare, hotels, and for-profit and non-profit schools

Eligible Improvements

Lien-to-Value

Proceeds from CleanFund cannot exceed more than 20% of the property value

Approvals

CleanFund facilitates mortgage lender consent and manages the program approval process

Geography

Property located in a municipality with an active PACE program

• California

• Colorado

• Connecticut

• Florida

• Kentucky

• Maryland

• Michigan

• Minnesota

• Missouri

• Nebraska

• New Hampshire

• New York

• Ohio

• Oregon

• Rhode Island

• Texas

• Utah

• Virginia

• Washington, D.C.

• Wisconsin

More coming in 2018