StateSubsidies
Back to all incentives
LoanConnecticutActiveVerified

Connecticut Green Bank Commercial Property Assessed Clean Energy (C-PACE) Loan

Connecticut Green Bank (CGB)CT-CPACERefreshed 1 month ago
Do I qualify?
Max funding

$20.0M

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Provides long-term, low-cost financing for energy efficiency, renewable energy, and resiliency improvements to commercial, industrial, and multifamily properties in Connecticut, repaid through a property tax assessment.

Key Requirements & Eligibility

  • 1Property must be a commercial, industrial, or multifamily building in Connecticut
  • 2100% financing available with no upfront cost to the property owner
  • 3Repayment through property tax bill over 5–25 years; transfers with property upon sale
  • 4Eligible: solar, energy storage, HVAC, LED, building envelope, EV chargers
  • 5Lender consent required if there is an existing mortgage on the property

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Property must be a commercial, industrial, or multifamily building in Connecticut

2.100% financing available with no upfront cost to the property owner

3.Repayment through property tax bill over 5–25 years; transfers with property upon sale

4.Eligible: solar, energy storage, HVAC, LED, building envelope, EV chargers

5.Lender consent required if there is an existing mortgage on the property

Related Programs

Tax CreditFederalVerifiedOpen to all

IRA Section 179D Commercial Buildings Energy Efficiency Deduction

IRS · United States

Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.

Real EstateConstructionEnergy Management+1

via www.irs.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionManufacturing

via www.dec.ny.gov · MEDIUM

Details
Tax CreditFederalVerifiedOpen to all

Treasury New Markets Tax Credit Program

CDFI Fund · United States

Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).

Financial ServicesReal EstateManufacturing+2

via www.cdfifund.gov · MEDIUM

Details
Official Source