Commercial properties in the City of Milwaukee can take advantage of private captial through PACE Financing to fund sustainability projects that improve property value, net operating income, and occupant comfort. PACE Financing is available for up to 30 years and can provide 100% project financing up to 20-30% of property value.
The Milwaukee PACE program is administered by Slipstream Inc. under the direction of the City of Milwaukee Environmental Collaboration Office. Milwaukee PACE Financing is a public-private partnership that leverages private capital to supply upfront funding for the improvements and collects payments through a voluntary municipal special charge (City Ordinance 304-26.5).
The special charge is attached to the property, not the owner, and is paid back through a direct billing system over time. Projects are designed so that the annual energy and other savings pay for the special charge, providing a net positive cash flow over the life of the upgrades.
Learn about the energy and sustainability requirements needed to compete for federal leases. Topics discussed include ENERGY STAR® Portfolio Manager and other federal program offerings for business owners. Attendees will also learn about the PACE Finance Program and how it works for commercial properties.
PACE seeks interest from banks, credit unions, and other capital providers to become qualified to offer financing. Explore the potential for a pipeline of quality, investor-ready energy efficiency, renewable energy, and water conservation projects.
Grow your business with PACE. Contractors and engineers that specialize in energy efficiency upgrades, water conservation projects, or renewable energy systems for commercial buildings can leverage the PACE to take part in new opportunities.
Increase property values with affordable financing for efficiency improvements. The average commercial building wastes 30% of the energy it consumes. Conserving energy and reducing operating expenses continues to be a priority for building owners in Wisconsin.
PACE Milwaukee has financed over $40.4 million in energy efficiency projects, saving commercial building owners over $2 million annually!
