U.S. Small Business Administration will now consent to TX-PACE financing! With SBA consent, financing for energy and water saving investments is now possible for small businesses throughout Texas with 7A and 504 loans. What a great day for energy efficiency, water conservation, and better bottom lines for companies across Texas! For more information, contact Texas PACE Authority. https://lnkd.in/gPJNZ98P
Texas PACE Authority
Government Administration
Austin, Texas 615 followers
Serving Communities. Improving Properties. Increasing Capital.
About us
Texas PACE Authority is a nonprofit organization that advances Property Assessed Clean Energy (PACE) projects in Texas by administering a uniform commercial and industrial PACE program on behalf of local governments. This model approach ensures local governments can establish an effective TX-PACE program quickly and economically, providing a tool for property owners to invest in more efficient infrastructure. TPA provides education and outreach to enable businesses and nonprofits of all sizes to benefit from the programs established in PACE regions. The PACE Act, Chapter 399 of the Texas Local Government Code, is a local adoption model authorizing counties and municipalities to work with the private sector to finance qualified improvements using contractual assessments voluntarily imposed on the property by the owner. After the passage of the PACE Act in June of 2013, a nonprofit business association called Keeping PACE in Texas organized a coalition of more than 100 stakeholders, made up of capital providers, property owners, contractors, industry trade associations, and local government authorities. Together they created uniform standards, documentation, and best practices for PACE financing programs in Texas. The user-friendly toolkit was coined “PACE in a Box.” Texas PACE Authority administers “PACE in a Box” programs in dozens of local jurisdictions. Texas PACE Authority is committed to expanding this vibrant program to every region in Texas, working with all parties – property owners, contractors, lenders, and local governments to bring energy and water improvements that are both economically sound and environmentally friendly. Texas PACE Authority is funded through user fees and grants and does not compete with the private sector. To learn more about PACE in Texas, and how you can help bring it to your county, please feel free to email us at admin@texaspaceauthority.org, or visit us at texaspaceauthority.org.
- Website
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http://www.texaspaceauthority.org/
External link for Texas PACE Authority
- Industry
- Government Administration
- Company size
- 2-10 employees
- Headquarters
- Austin, Texas
- Type
- Nonprofit
- Founded
- 2015
- Specialties
- PACE Program Administration
Locations
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Primary
Get directions
1600 La Calma Dr
Suite 170
Austin, Texas 78752, US
Employees at Texas PACE Authority
Updates
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Texas PACE Authority is committed to rebuilding downtowns throughout Texas with TX-PACE financing. City of Amarillo, City of Waco, TX, and City of Fort Worth are just a few examples of downtowns benefiting from TX-PACE investments. Rafi Golberstein captures the opportunity in this recent Forbes piece: https://lnkd.in/eWTKrrj6
Council Post: C-PACE Financing: A Way To Reinvigorate Downtowns Across The US
social-www.forbes.com
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Texas PACE Authority is excited to share Janelle Penny's article about the Travis Building, San Antonio's first TX-PACE Project, financed by PACE Equity, LLC. Check out this great example of how beautiful historic buildings are being repurposed into much needed multifamily properties with significant energy and water savings for owners and tenants. https://lnkd.in/gCsatd9j
San Antonio’s First PACE Project Rejuvenates a Historic Building
buildings.com
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Texas PACE Authority is seeking a dynamic, motivated, and experienced Transaction Specialist to assist in closing Property Assessed Clean Energy (TX-PACE) transactions across Texas. This role is crucial in supporting our mission to provide sustainable financing solutions for commercial property owners looking to improve energy efficiency, water conservation, and renewable energy projects. If you are a mission driven and have commercial real estate closing experience, we want to hear from you! Learn more at: https://lnkd.in/g4bEUVyW
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Please join Texas PACE Authority PACE at the Texas Energy Summit this week at the Texas State Capitol. On Thursday morning Dub Taylor and Charlene Heydinger are speaking. Meet our colleagues Stephen Minick and Teresa N. Smith. Visit with Richard Dent at the TPA Booth. We look forward to seeing you at this amazing policy forum hosted by Texas A&M Engineering Experiment Station (TEES).
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Texas PACE Authority reposted this
JLL highlights the keystone role banks and debt financiers play in the ability of commercial property owners to renovate property with energy and water saving resilient improvements that strengthen property, the pocketbooks of the owners and tenants, and improve the environment. Lenders can take advantage of Texas PACE Authority's TX-PACE program to reduce risk while meeting the need for long-term financing for energy and water saving measures that decrease demand. Let's work together to invest in resilient facilities with lower operating costs across Texas. https://lnkd.in/gMiV_bPH
Banks and debt providers: the key to unlocking green finance
weforum.org
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JLL highlights the keystone role banks and debt financiers play in the ability of commercial property owners to renovate property with energy and water saving resilient improvements that strengthen property, the pocketbooks of the owners and tenants, and improve the environment. Lenders can take advantage of Texas PACE Authority's TX-PACE program to reduce risk while meeting the need for long-term financing for energy and water saving measures that decrease demand. Let's work together to invest in resilient facilities with lower operating costs across Texas. https://lnkd.in/gMiV_bPH
Banks and debt providers: the key to unlocking green finance
weforum.org
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Join Texas PACE Authority's Dub Taylor, Stephen Minick, Teresa N. Smith, and me at the 21st Texas Energy Summit at the Texas Capitol next week. https://lnkd.in/gj_i6B7
Home
https://texasenergysummit.com
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Texas PACE Authority followers are encouraged to participate on November 8: https://lnkd.in/gQswFVpk
KEEPING PACE IN TEXAS's "PACE in a Box" is the model of best practices in city and county TX-PACE programs. It's Underwriting Working Group invites you to participate in a feedback and improvement process on November 8, 2024. New Chair Steve Wiese will lead an inclusive group of stakeholder volunteers in reviewing the existing underwriting criteria and seeking consensus on adjustments. Join us; your expertise is vital in ensuring that the program continues to facilitate investment in energy and water saving improvements that make Texas businesses stronger and preserve Texas' critical natural resources. #PACEinTexas #Underwriting #EnergyEfficiency #StakeholderEngagement https://conta.cc/48nuvrj
November 8: PACE in a Box Underwriting Working Group’s 2024 Feedback and Improvement Process
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