What is PACE funding?

PACE is an acronym that stands for “Property-Assessed Clean Energy.” PACE programs are a fairly new and exciting way to fully finance home improvement projects, such as the installation of impact windows and doors for hurricane protection at low fixed payments. PACE programs also allow homeowners to finance these projects without having to pay upfront or having to take out an equity loan. How it works is that the cost of the improvements is added to your property tax bill over the course of several years. This translates to smaller payments compared to traditional credit-based financing. Plus, the payments made on your property tax bill may be tax-deductible. It is also worth mentioning that the installation of impact windows can help reduce your homeowner’s insurance and energy bills. These energy improvements also help your city lower greenhouse gas emissions, creating a win-win scenario for everyone.

Pace funding benefits

• 100% Financing No Money Down
• 100% PACE financing
• Low fixed payments
• Financing is repayable over terms of 5, 10, 15 and 20 years through your property tax bill
• Ygrene financing may be tax deductible*
• Eligibility is based on your home equity, not your credit score