Financing Parameters
Project Size:
$1,000,000 – $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. Click Here to explore representative case studies
Eligible Improvements
Improvement measures eligible in PACE Program jurisdictions. Click Here for a robust list of 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. Click Here to search any address to find out if PACE is available for your commercial property
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