New Jersey PACE

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New Jersey PACE NJPACE is a 501c3 nonprofit program that offers an open market platform in New Jersey.

NJPACE is for:

Property Owners and Tenants

Municipalities and Communities

Counties and County Improvement Authorities

Energy Services Contractors and Installers

Mortgage Lenders

Capital Providers

Tax Equity Investors

New Garden State C-PACE Program Almost There
11/07/2024

New Garden State C-PACE Program Almost There

The New Jersey Economic Development Authority (NJEDA) is getting closer to launching the new Garden State Commercial PACE program by posting some of the final documents while leaving others, includ…

On October 9th, 2024, the Garden State C-PACE Program received approval from the NJEDA Board. The Authority anticipates ...
10/17/2024

On October 9th, 2024, the Garden State C-PACE Program received approval from the NJEDA Board. The Authority anticipates the revised Program Guidelines to be uploaded to this site on October 24th. ( NJEDA Posts Informative Press Release on New C-PACE Program ADDING TO ROBUST SUITE OF CLEAN ENERGY PROGRAMS, NJEDA BOARD APPROVES GARDEN STATE C-PACE PROGRAM Program enables commercial property owners to make energy efficiency, clean energy, and resiliency upgrades…...

On October 9th, 2024, the Garden State C-PACE Program received approval from the NJEDA Board. The Authority anticipates the revised Program Guidelines to be uploaded to this site on October 24th. (…

Wednesday, October 8, 2024 — The Board of NJ's Economic Development Authority (NJEDA) today approved the guidelines and ...
10/09/2024

Wednesday, October 8, 2024 — The Board of NJ's Economic Development Authority (NJEDA) today approved the guidelines and regulations of the Garden State C-PACE Program, opening the door to the official publication of the program's rules at the NJEDA's website, The program details have been more than three years in the making, the legislation having been passed and signed into law in August 2021. For more information or for assistance with your project(s), please contact us.

Wednesday, October 8, 2024 — The Board of NJ’s Economic Development Authority (NJEDA) today approved the guidelines and regulations of the Garden State C-PACE Program, opening the door to the…

The New Jersey Economic Development Authority (NJEDA) has posted revised guidelines for retrofit projects, along with su...
05/30/2024

The New Jersey Economic Development Authority (NJEDA) has posted revised guidelines for retrofit projects, along with supplemental guidelines for new construction and refinancing, with a deadline of June 5th for final comments. After review by the Authority and the Attorney-General's office, the guidelines are expected to be submitted to the NJEDA Board for approval and formal publication, likely in July....

The New Jersey Economic Development Authority (NJEDA) has posted revised guidelines for retrofit projects, along with supplemental guidelines for new construction and refinancing, with a deadline o…

Come to our In-Person C-PACE Financing Panel with NJEDA CEO Tim Sullivan at the 2024 NJ Future Planning & Redevelopment ...
05/16/2024

Come to our In-Person C-PACE Financing Panel with NJEDA CEO Tim Sullivan at the 2024 NJ Future Planning & Redevelopment Conference In our opinion, the NJ Future Planning & Redevelopment Conference is the industry’s most anticipated event of the year for the commercial real estate, planning and development communities. New Jersey PACE (NJPACE) was honored to have our proposal selected, among dozens of applicants, for a panel on C-PACE Financing. ...

Come to our In-Person C-PACE Financing Panel with NJEDA CEO Tim Sullivan at the 2024 NJ Future Planning & Redevelopment Conference In our opinion, the NJ Future Planning & Redevelopment Con…

C-PACE to be Featured at NJFuture Planning & Redevelopment Conference June 5-7, 2024 -
04/29/2024

C-PACE to be Featured at NJFuture Planning & Redevelopment Conference June 5-7, 2024 -

Join us and hundreds of visionary New Jersey professionals, elected officials, and community activists at the New Jersey Planning and Redevelopment Conference to discuss bold ideas, innovative solutions, and proven concepts for creating stronger, more inclusive, and equitable places where people liv...

The largest C-PACE office loan ever was completed this summer for sustainability upgrades at 300 Lakeside Drive in Oakla...
03/06/2024

The largest C-PACE office loan ever was completed this summer for sustainability upgrades at 300 Lakeside Drive in Oakland, Calif. According to Patricia Kirk at Commercial Property Executive, C-PACE loans are at an all-time high because they're amongst the most favorable options on the market. “C-PACE continues to be an increasingly attractive option from an investment point of view because it’s relatively low-levered; financing sustainability that is critical for developing or redeveloping in today’s buildings; and a very secure financial instrument,” said Joe Euphrat, GreenRock managing principal....

The largest C-PACE office loan ever was completed this summer for sustainability upgrades at 300 Lakeside Drive in Oakland, Calif. According to Patricia Kirk at Commercial Property Executive, C-PAC…

In the last section we covered the proposed fees associated with the program administration. In this section we cover po...
03/06/2024

In the last section we covered the proposed fees associated with the program administration. In this section we cover possible municipal and county programs, which the guidelines refer to as Local C-PACE Programs. All C-PACE programs must be adopted locally by ordinance, but in addition the top one-third of municipalities by population can establish local programs aimed at facilitating and administering C-PACE within their jurisdiction....

In the last section we covered the proposed fees associated with the program administration. In this section we cover possible municipal and county programs, which the guidelines refer to as Local …

In the last post, we looked at the Technical Evaluation and Review requirements; in this section we look at the Agency's...
02/27/2024

In the last post, we looked at the Technical Evaluation and Review requirements; in this section we look at the Agency's proposed fees. These are laid out in the table below. To summarize, there's an initial application fee of $1000. The administration fee is 1% (not to exceed $75,000), broken down into one-third payable as a determination fee, and the remaining two-thirds payable at closing....

In the last post, we looked at the Technical Evaluation and Review requirements; in this section we look at the Agency’s proposed fees. These are laid out in the table below. To summarize, th…

Address

Basking Ridge, NJ
07920

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

Telephone

+19083966179

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