Honorable Mention: Fastcompany World Changing Ideas 2020
PRIVATE FUNDING FOR CHICAGO'S FUTURE
AVAILABLE THROUGH NATIONALLY ACCLAIMED PUBLIC POLICY

Economic support for better buildings

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Community Benefits

CONSTRUCTION JOBS

Chicago PACE fuels real estate development and supports construction jobs.

ECONOMIC DEVELOPMENT

Financed projects bring new and revitalized commercial properties (including historic preservation projects) to life, supporting underlying businesses and their neighborhoods.

ENERGY SERVICES JOBS

The maintenance and installation of building infrastructure from boilers in the basement to rooftop HVAC creates and supports technical jobs.

RETAIL & MIXED USE

Larger or multi-tenant improvement projects tackle the issue of split incentives, which can prevent owners from investing in energy savings.

SOLAR

Solar arrays reduce the cost of energy for property owners and tenants, but also have a significant carbon offset equivalent.

GREEN ROOFS

Green roof installations conserve energy, reduce noise and air pollution and brighten environments.

POWER STORAGE & GENERATION

Communities benefit from retailers and service providers who can maintain up-time in the event of a power outage with battery storage and/or fuel cells.

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Stakeholder Impact

Property Owners

Improve and maintain properties with reduced operating expenses and improved operations for tenants.

Property Developers

Reach new standards in sustainable design with a capital source that prevents value engineering decisions from eliminating the most efficient building materials and equipment.

Project Developers

Offer increased cash flows to clients evaluating efficiency and renewable investments based on the long-term, low-cost nature of PACE financing.

Community Members

Benefit from a decreased aggregate carbon footprint and the deployment of private capital to support of economic development in their neighborhood.