Why have mortgage holders embraced well-designed C-PACE projects?

C-PACE projects are designed to generate positive cash flow based on the energy savings that result from the energy efficiency upgrades that have been installed at the building. C-PACE projects are attractive to mortgage holders because they:

  • Improve the borrower’s repayment ability (thanks to the improved cash flow),
  • Increase the value of the collateral (thanks to the energy efficiency upgrades), and
  • Have non-accelerating repayment obligations that can transfer to a new owner upon sale.

To support the mortgage holder in evaluating the project, the Arlington C-PACE program administrator provides an independent review of the technical and financial projections. Such review is consistent with industry best-practice methodology as defined in the Investor Confidence Project protocol. Moreover, the team leverages its proven project optimization tools and extensive project experience databases to facilitate quality assurance across the entire project development life cycle.

View a list of banks that have provided mortgage holder consent nationwide.