Property Assessed Clean Energy (PACE) program

The Margate City Commission unanimously voted in favor of supporting Property Assessed Clean Energy (PACE) programs that would assist Margate property owners with financing for energy efficiency, wind resistance and renewable energy upgrades to their homes. PACE programs allow a property owner to make certain improvements, such as roof replacement, installing solar panels, tank-less water heaters, hurricane proof windows and any other storm safety repairs or improvements to their property and finance the costs by placing them on the property tax roll as a special assessment for that property. The property owner then pays off the special assessment over time, together with their property taxes. 

PACE financing helps property owners overcome the barrier of high up-front costs, and thus encourage the installation of renewable-energy equipment and other improvements that would increase energy efficiency and wind resistance.

The PACE programs available in Margate are:

PACE District

Program

Contact Info

Notes

Clean Energy Green Corridor

Ygrene

https://ygrene.com/

(866) 634-1358

Residential and Commercial

Florida Green Finance Authority

Renew Financial

https://renewfinancial.com/

(844) 736-3934

Residential and Commercial


Florida Pace Funding District

CounterpointeSRE

https://counterpointesre.com/programs-commercial

(855) 431-4400


Commercial Only

FortiFi

https://www.fortifi.com/

(858) 345-2000

Residential Only


PACE Funding Group, LLC

https://www.pacefunding.com/


(800) 231-6991
Residential Only












Florida Resiliency Energy District (FRED)

CLEANFUND

www.cleanfund.com

(833) 2CF-PACE

Commercial Only

Dividend Finance

www.dividendfinance.com

(844) 805-7100


Commercial Only

Enhanced Capital

http://www.enhancedcapital.com

(303) 390-1655

Commercial Only

Greenworks Lending

www.greenworkslending.com

(917) 968-0948

Commercial Only

PACE Equityhttps://www.pace-equity.com/

(855) 378-0858
Commercial Only
PACE Loan Grouphttps://paceloangroup.com

(612) 355-2606
Commercial
Only
Poppy Bankshttps://www.poppy.bank/cpace

(888) 636-9994
Commercial
Only
Rockwood Grouphttps://www.rockwoodam.com/index.html

(314) 380-5999
Commercial Only



Stonehill PACE



https://stonehillstrategiccapital.com/pace-lending/

(470) 298-3715




Commercial Only



Twain Financial

www.twainfinancial.com/what-we-do/investing/pace-financing

(314) 300-4135

Commercial Only


White Oak

https://www.whiteoakpace.com/

(415) 644-4142



Commercial Only



Click here for answers to frequently asked questions about the PACE program.

For information about the City's participation, please contact Aaron Tauber, Sustainability Coordinator, at (954) 972-0828.