California
STATE POLICY DESCRIPTION
Does the state have PACE enabling legislation?
Is a PACE program in development or was a PACE program developed?
Do active programs exist in the state?
Does the enabling legislation allow both efficiency and renewable energy measures to qualify for funding?
- California
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C-PACE In CA
Program type: Residential, Commercial
Status: Active program, Funded projects
In partnership with Dividend Finance, CEDA issues multi-jurisdictional bonds that attract private capital for PACE-qualified improvements. The program enables property owners to amortize payments for eligible improvements for up to 25 years for Commercial PACE. PACE financing provides long term, low interest rate funds with no money down, repaid as a line-item on the annual tax bill. Property owners in over 200 California jurisdictions can reduce their carbon footprints by investing in clean energy improvements with PACE funding.
Policy information last updated July 2022.
Disclaimer: The program information provided in this table is summarized and generalized. Actual PACE Term, LTV Cap, Elibilbe Improvements and Retroactive funding ability may vary based on the specific project and other program requirements. Please contact Bayview PACE for additional program details.