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New Mexico Commercial Property Assessed Clean Energy Program (C-PACE)
New Mexico — state programSee program
A financing structure enabled by state statute and local ordinance that provides eligible property owners with access to long-term fixed-rate financing for energy efficiency, renewable energy, water efficiency, and resiliency improvements. Local governments secure the financing via a special improvement assessment on the improved property.
Program details
- Type
- loan
- Eligibility
- Any privately-owned commercial, agricultural, industrial, or multi-family real property of five or more dwelling units located within the boundaries of the region (including properties owned by a nonprofit organization).
- Status
- open
- Administrator
- Adelante Consulting Inc. (contracted by NM Economic Development Department)
- More Info
- https://nmcpace.com
Source: New Mexico — state program. Confirm current terms with the administering agency before applying.