Commercial Property Assessed Clean Energy
FOR MUNICIPALITIES - MUNICIPAL CHOICE
The Illinois Finance Authority is focused on empowering city mayors and village presidents by standardizing the structure of the Commercial Property Assessed Clean Energy (“C-PACE”) financing market in Illinois to facilitate more efficient access to non-recourse capital and lower financing costs for participating cities, villages, and incorporated towns. The merits of financing decisions based on a municipality’s municipal building code should be in the trusted hands of the municipality itself.
