SERVING COMMUNITIES.
IMPROVING PROPERTIES. INCREASING CAPITAL.
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Texas’ PACE Leadership Recognized |
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Three Texans are among the twenty-eight leaders nationally recognized for their efforts to grow and strengthen the PACE marketplace for local governments and property owners.
Announced August 31 by PACENation, the nonprofit organization that advocates for expanded access to PACE financing across the country, these Texans were honored for their distinguished leadership in the PACE marketplace.
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2020 PACE Champions
Charlene Heydinger, Texas PACE Authority, was recognized as a 2020 PACE Champion Award for extraordinary leadership over multiple years to strengthen and expand the PACE marketplace.
2020 PACESetters
Bruce Elfant, Travis County Tax Assessor-Collector, received the PACESetter Award for excellence in advocacy and policy innovation
Chip Bray, Prosperity Bank Banking Center President received the PACESetter Award for lenders whose leadership helped C-PACE Administrators and capital providers expand PACE in their state
NADO 2020 Impact Awards
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Galveston County closes its 3rd PACE Project, the 1st on Galveston Island
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The Galveston County PACE program financed energy and water improvements for the repurposing of the 6-story Falstaff Brewery, built in 1947 and vacant for many years. The facility is being converted into 53,638 square feet of rentable storage space for 435 self-storage, climate controlled rental units on Galveston Island. The $2,160,000 PACE assessment will finance energy improvements for the building envelope, HVAC, and lighting and water conserving fixtures and plumbing. These improvements will save 698,000 kWh and 3,300 gallons of water annually while avoiding 363 tonnes of Co2. The project creates 39 clean energy jobs.
This project brings the cumulative total PACE investment in Texas to over $112 million.
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Sign Up For These Upcoming Events |
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AIA – San Antonio Chapter
Pick up the PACE in your Region
September 16, noon – 1 pm CDT
Architects have a new opportunity to help developers and property owners design high-quality energy and water efficient buildings. Projects that were once too expensive are now eligible for 100% upfront, long-term PACE financing in San Antonio and many other areas in Texas. Learn how this competitive new tool enables architects to design green, healthy, resilient buildings that avoid “value engineering” redesigns along the way.
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September T-5 Webinar
Maximizing Utility Savings, Part 2
September 17, 2 pm CDT
Texas' electric, gas and water utilities offer hundreds of millions of dollars in rebates and incentives each year. Are you getting your share? Learn how to find, apply and secure utility rebates and incentives for your commercial PACE projects.
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Previous T5 Webinars are available HERE
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Houston Climate Week Events Rescheduled
September 14 – 18, 2020
The City of Houston’s Office of Sustainability will host a virtual Houston Climate Week to officially kickoff the implementation phase of Houston Climate Action Plan. Released on April 22, 2020, the Houston Climate Action Plan is a science-based, community-driven strategy for Houston to reduce greenhouse gas emissions, meet the Paris Agreement goal of carbon neutrality by 2050, and lead a global energy transition.
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BUILDING OPTIMIZATION:
How Green Buildings Can Drive the Energy Transition
September 18, 11 am CDT
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DOE Better Buildings Webinar
CPACE Financing Turns 10: Impacts, Challenges, and What Comes Next
October 6, 2 pm CDT
This webinar will explore the impacts and success stories of commercial property assessed clean energy (PACE) financing, better known as CPACE, 10 years since the completion of the first CPACE project. Attendees will hear the story of CPACE’s growth and growing pains, learn about new research on prevailing practices for tracking impacts from CPACE programs, and find out what the future may hold – both obstacles and opportunities – for CPACE financing.
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International Economic Development
Council (IEDC) Annual Conference
Dallas (Virtual) | October 13 – 16
The 2020 IEDC Annual Conference will focus on building resilient and sustainable communities that thrive. In one way or another, all communities, no matter the size, are focused on five main areas: resiliency in a recession, leadership development, talent development, supporting entrepreneurship, fostering economic opportunity and diversity, and economic transformation and diversity. This year’s conference will align these five priorities with its conference tracks and highlight interconnected dimensions of “resiliency.”
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IEDC Conference Panel: Capitalizing on
Clean Energy Through PACE
October 14, 3:30 – 4:30 CDT
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Discover how communities across the US combine PACE – Property Assessed Clean Energy – financing with historic tax credits, efficiency incentives, new market tax credits, TIRZ, and opportunity zones to revitalize, renovate, and restore private property with energy and water saving improvements that lower the cost of capital and increase net operating income without harming cash flow. Examine urban and rural case studies to identify the economic and environmental benefits enabled through legislation in 36 states. LEARN MORE
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PACE Financing for COVID-19 Safety Upgrades
As COVID-19 restrictions ease and offices and businesses re-open, building owners will invest in preventative measures to ensure the safety of their tenants and patrons.
PACE financing can pay for many air quality and touch-free technology upgrades.
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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.
Texas PACE Authority is committed to expand 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. To date, 52 local governments have established TX-PACE programs reaching above 60% of the Texas population.
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