PACE HELPS IMPROVE RETURN ON INVESTMENT

How PACE Works

Most Property Types Qualify

Chicago PACE facilitates the financing and refinancing of eligible energy projects for both existing and new construction of commercial and industrial buildings, multifamily apartment buildings consisting of five or more dwelling units and cooperative housing buildings.

Retail

All sizes and types of retail, from independent locations to chains and multi-tenant.

Office

Class A, B or C, offices can benefit from PACE finance, which helps to address the issue of split incentives.

Healthcare & Senior Living

Lighting, building controls can contribute to a high quality patient experience while renewables and backup power can ensure continuity of care.

Industrial & Manufacturing

Energy efficiency and renewables can fuel the growth of industrial firms by significantly reducing operating expenses.

Hotel & Lodging

Financing can support increased efficiencies that reduce OPEX and sustainable infrastructure that improves marketability.

Multi Family

Increase tenant comfort and reduce maintenance costs for buildings with greater than five units.

Build Your
Sustainable Chicago

Eligible Project Types

BUILDING ENVELOPE

BOILERS, CHILLERS & FURNACES

AUTOMATED BUILDING CONTROLS

COMBINED HEAT
& POWER (CHP) SYSTEMS

VARIABLE SPEED drives on
motors, pumps, and fans

ROOF REPLACEMENT & Cool roofs

HIGH EFFICIENCY LIGHTING

SOLAR

HVAC UPGRADES

BATTERY STORAGE

GREEN ROOFS

HOT WATER HEATING SYSTEMS & Low flow water fixtures