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LoanMinneapolis, MNActiveVerified

Minneapolis Commercial Property Assessed Clean Energy (C-PACE)

City of Minneapolis Community Planning & Economic Development (CPED)MPLS-CPACERefreshed 1 month ago
Do I qualify?
Max funding

$5.0M

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 financing for energy efficiency, renewable energy, and water conservation improvements at Minneapolis commercial properties. Repaid through a special assessment on property taxes over up to 25 years.

Key Requirements & Eligibility

  • 1Property must be a commercial or multifamily property in Minneapolis
  • 2Project must include qualifying clean energy or efficiency improvements
  • 3Assessment repaid through property taxes — passes to new owner on sale
  • 4No FICO score requirement; collateral is the property
  • 5100% financing available — no upfront cost to property owner

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 or multifamily property in Minneapolis

2.Project must include qualifying clean energy or efficiency improvements

3.Assessment repaid through property taxes — passes to new owner on sale

4.No FICO score requirement; collateral is the property

5.100% financing available — no upfront cost to property owner

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Official Source