An integral part of all our solutions is to secure appropriate, cost-effective financing. Among our specialized funding sources is Property Assessed Clean Energy (PACE). PACE is a low-cost, long term financing means for energy efficiency, renewable energy and water conservation projects in new and retrofitted buildings. Importantly, it is not a conventional loan, but a tax-deductible assessment repaid with the building’s regular property tax bill. Using the energy savings to fund the project, PACE eliminates upfront investment, does not affect loan-to-value ratios and typically is cash flow positive from day one. Also, the assessment is tied to the building so there is no payoff if it is sold as repayment is transferred to the new owner.