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You are being redirected to Counterpointe Sustainable Real Estate, a dedicated capital provider for the Chicago PACE program regarding your application.
PROCEED
PRIVATE FUNDING FOR THE CITY'S FUTURE

Capital to revitalize and develop a more sustainable Chicago.

INQUIRE

How PACE Works

Step 1. Inquiry

Tell us about your project, your property and its stage of development.

Step 2. Review

We will review your project with you and your capital provider to determine program compliance.

Step 3. Funding

Track toward closing with an advisor that develops a funding package with you and your lender.

Step 4. Operations

With funding secured, disbursements are made based on construction milestones and the property begins to accrue savings.

Building Sustainable Value

Chicago PACE delivers efficiency, sustainability and economic development. Building owners, developers and contractors can improve or build anew with energy saving and renewable measures that benefit tenants, clients, the community and their bottom line.

Financing Value

100% FINANCING

of eligible project costs, such as permits, engineering and design.

FIXED, LOW-COST, LONG TERM

fixed rate financing with terms up to the estimated useful life of the improvements.

NON-RECOURSE

no personal guarantee(s) required for funding.

NET POSITIVE CASH FLOW

energy savings can outweigh finance expense as early as year one.

TRANSFERABLE ON SALE

assessment structure is tied to the property.

What Experts Are Saying

Every neighborhood

"Chicago PACE connects property owners with capital and contractors who help them lower their energy costs. Lower energy costs result in lower operating expenses and result in higher property values."

Jana wesley
managing director
Chicago pace
Higher property values

"We are going to be able to bring green building best practices and technology to every single neighborhood."

BRIAN IMUS
Executive director
Illinois Green alliance
Important tool

"The Chicago PACE program is a very important tool for cost effective retrofiting. "

David reifman
Former commissioner, department of planning and development
city of chicago
Works well for Chicago

"For businesses it helps their bottom lines and for developers it helps them be more sustainable and more efficient with the buildings they build. This works well for Chicago."

Howard Learner
executive director
environmental law & Policy Center

Are you ready?
Let's Work Together.

Questions & Answers

What are the financing parameters for the Chicago PACE program?

ANSWER

What types of properties are eligible for this Program?

ANSWER

What are the property and owner eligibility criteria for the Program?

ANSWER

What are the eligible improvements or projects?

ANSWER

What costs are eligible for financing?

ANSWER

How is Program financing repaid?

ANSWER

Why is Chicago PACE program financing different than a loan?

ANSWER

Do leased properties or those with ground leases qualify for the Chicago PACE program?

ANSWER

Can I use my professional or do I have to select one of the Chicago PACE program Registered Professionals?

ANSWER

Can I get help developing my project? I don’t know where to start.

ANSWER

How do I start?

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