NYC Accelerator PACE Financing

NYC Accelerator PACE – Property Assessed Clean Energy – is an innovative financing tool to benefit all commercial and multifamily building owners. Authorized under New York City’s Climate Mobilization Act, PACE offers building owners a new way to fund energy efficiency and renewable energy projects that can dramatically decrease their utility bills.

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100%, Long-Term Financing for Building Improvements

NYC Accelerator PACE is a voluntary financing mechanism that can help property owners reduce utility costs and comply with the Climate Mobilization Act's building emissions limits. Unlike conventional financing, PACE is repaid in installments through a charge on the subject property’s tax bill. This feature provides for longer term, flexible financing.

The NYC Accelerator PACE program allows pre-qualified private lenders to offer PACE financing to their customers. The resources below provide more information on PACE financing, guidelines for PACE financing in New York City, and the process by which lending institutions can pre-qualify.

Pre-Qualified PACE Lenders

Pre-Qualified Lender Log-in

Below is a list of lenders that are pre-qualified for the C-PACE Program. Organizations seeking to pre-qualify should review the Pre-Qualified Lender RFQ above.

Lender Contact Property Types and Loan Range
Bayview PACE Fred Lee, Senior Vice President
fredlee@bayview.com
917-206-8032
All commercial and multifamily properties; minimum loan amount $500,000
CastleGreen Finance Sal Tarsia, Managing Partner
starsia@castlegreenfinance.com
914-815-9807
All commercial and multifamily properties; minimum loan amount $2,000,000
CleanFund Manny Valido, Managing Director
manny.valido@cleanfund.com
305-321-5436
All commercial and multifamily properties; minimum loan amount $2,000,000
Enhanced Capital Ian McCulley, Director, C-PACE
imcculley@enhancedcapital.com              
917-533-7778
All commercial and multifamily properties; minimum loan amount $1,000,000
Greenworks Lending from Nuveen Crystal Smith, Director of NY Originations
crystal.smith@nuveen.com
212-731-2717
All commercial and multifamily properties; minimum loan amount $500,000
New York City Energy Efficiency Corporation (NYCEEC) Jay Merves, Director, Business Development
jmerves@nyceec.com
646-797-4623
All commercial and multifamily properties; minimum loan amount $500,000
PACE Equity Ethan Elser, Executive Vice President
ethan@pace-equity.com
414-446-3645
All commercial and multifamily properties; minimum loan amount $500,000
Petros PACE Finance Rachel Davis, Senior Vice President
rachel@petrospartners.com      
832-489-2788
All commercial and multifamily properties; minimum loan amount $500,000
Rosemawr Capital Management Sol Mardakhayev or Steven Benjamin
cpace@rosemawr.com
212-286-9474              
All commercial and multifamily properties; minimum loan amount $500,000
Stonehill PACE Jeremy Cooper, Vice President
jcooper@stonehillsc.com
901-846-4658
All commercial and multifamily properties; minimum loan amount $1,000,000
Twain Financial Partners Chris Tierney
chris.tierney@twainfinancial.com
212-320-9312
All commercial and multifamily properties; minimum loan amount $3,000,000

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