Property Owners and Developers
The C‑PACE program empowers commercial property owners and developers to complete energy efficiency, renewable energy, water conservation, and resiliency upgrades with up to 100% long‑term financing. These improvements reduce operating costs, increase net operating income, and boost overall asset value. C‑PACE strengthens both financial and environmental outcomes for Nevada properties.
Why Owners Choose C-PACE
- Up to 100% financing of eligible hard and soft costs
- Works for retrofits and new construction
- Transferable on sale; non‑accelerable upon default (assessment stays with the property)
- Cash‑flow friendly: projects are designed to reduce operating expenses
- Fixed rates and long terms aligned with useful life of equipment
For Tenants
- A tenant can apply for C-PACE funding with the property owner’s consent and participation in the process.
What is a Voluntary Special Assessment?
A voluntary special assessment is a property‑based repayment mechanism that a commercial property owner chooses to place on their own property in order to secure C‑PACE financing. It is “voluntary” because the owner opts into it through an executed Assessment Agreement, and “special assessment” because the assessment becomes a lien that runs with the land until the financing is fully repaid. C-PACE lenders cannot foreclose on the property. The loan transfers automatically to future owners in the case of default or resale.
Ready to Participate?
NCEF is a qualified capital provider in all Nevada C-PACE jurisdictions.
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