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Commercial PACE for Affordable Multifamily Housing

C-PACE is a financing structure that enables owners of commercial, industrial and multifamily residential properties to obtain affordable, long-term funds for 100% of the cost of energy and water efficiency retrofits (as well as for distributed generation investments). 

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The need for owners to navigate a complex landscape of clean energy and water programs greatly inhibits participation in multifamily efficiency programs nationwide.

This case study found that Tower’s real-time energy management initiative achieved a 13.2 percent reduction in electricity use in the three buildings, showing that substantial gains are possible when building owners operate their buildings with attention devoted to reducing the amount of energy w

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