pace (Property Assessed Clean Energy)


What is PACE Financing?The PACE commercial program is an innovative, unique alternative form of financing that can provide commercial property owners with access to capital for a wide range of energy efficiency, water savings, as well as renewable energy projects. The program can also be used for older buildings in need of major upgrades such as seismic retrofit, lighting, roofs and other envelope related work.

The SGVEP, on behalf of the San Gabriel Valley Council of Governments, is working to provide outreach and technical assistance for the LACC PACE (“Los Angeles County Commercial PACE”) program to building owners and businesses throughout the SGV. 

Want to know more about PACE? Check out the video on the right.

Benefits of PACE financing available to commercial building owners include:

  • 100% Financing for building upgrades related to energy efficiency, seismic renovation, water conservation and renewable energy, including replacement of roofs, HVAC systems, lighting, windows, etc.
  • Asset modernization leading to competitive advantage and increased property value
  • Lower operating costs resulting in net operating income (NOI) and profit enhancement
  • Semi-annual principal and interest paid on property tax bill as an assessment (with tax advantages)
  • Longer amortization periods (up to 30 years)
  • The PACE assessment (loan) is attached to and remains with the real property upon a future sale
  • Off-balance sheet transaction with no adverse impact to leverage
  • Preserves borrowing capacity for daily business operations and equipment needs

For more information, contact David White, Director of PACE Programs, at dwhite@sgvpartnership.org.


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San Gabriel Valley Economic Partnership

4900 Rivergrade Road, Suite B130, Irwindale, CA 91706

Phone: (626) 856-3400    Fax: (626) 856-5115

Email: info@sgvpartnership.org

Office Hours: Monday–Thursday 9:00 a.m. to 5:30 p.m.,
Friday 9:00 a.m. to 1:00 p.m.

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