The Loudoun County C-PACE Program is an innovative C-PACE Financing program that offers an open-market solution for building owners and promotes clean energy and economic development in Loudoun County, Virginia. The Program enables commercial and industrial property owners to obtain low-cost, long-term financing for energy-efficiency, renewable energy, and water efficiency improvements.
As of Spring 2021, Loudoun’s C-PACE Program now allows financing of multifamily properties (5+ units) as well as the funding of resiliency and stormwater management projects!
C-PACE Financing helps property owners overcome financial barriers that typically discourage investment in energy and water conservation improvements to new and existing buildings. Improvements financed using C-PACE can be completed with no up-front, out-of-pocket cost to property owners and can generate positive cash flow upon completion.
C-PACE loans may extend up to the useful life of the Eligible Improvement with the longest useful life or 30 years, whichever is less. This long repayment period can result in cost savings that exceed the total cost of the C-PACE loan. The results may include improved business profitability, increased property value and improved sustainability of the real estate asset.
Click here for Loudoun County’s November 7, 2019 C-PACE presentation
Click here for Loudoun County’s December 12, 2019 Seeds For Success C-PACE presentation
To start the C-PACE application process for your property, visit the Project Center here: