C-PACE is a financing program authorized under Chapter 399 of the Texas Local Government Code that enables commercial property owners to access long-term, low-cost capital for energy efficiency, water conservation, renewable energy and resiliency improvements. In Farmersville, the program is administered by Lone Star PACE and is designed to support new construction and existing building upgrades that reduce operating costs and improve overall asset performance.
Program Overview
C-PACE allows property owners to finance qualified improvements through a private capital provider. The financing is secured via a voluntary assessment that is tied to the property rather than the owner, meaning C-PACE can transfer upon sale.
Terms can extend up to 20–30 years, helping align repayment with the useful life of the improvements and preserving cash flow.
Benefits to Property Owners
·        Long-term, fixed-rate financing
·        Can finance up to 35% of a property’s as constructed or market value
·        100% financing of eligible project costs, including soft costs[LM1]Â
·        Non-recourse
·        May be used before, during or after construction
·        Helps reduce utility expenses and improve net operating income (NOI)
·        Supports high-performance building upgrades with no upfront payment required
 All projects must receive mortgage lender consent and comply with program guidelines. For additional information about C-PACE financing in Farmersville, property owners and developers are encouraged to contact Lone Star PACE for guidance on eligibility and next steps.
 [LM1]May want to note that total PACE financing up to 35% of as constucted or market value. Just to makes sure they don't assume 100% financing. The prior bullet is correct for eligible costs but doesn't let them know realistically how much in total they can look for.