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SERVING COMMUNITIES.
IMPROVING PROPERTIES. INCREASING CAPITAL.
Texas PACE Authority Celebrates 5 Years of
Public Service and Success
Our deepest gratitude to all of the public servants, service providers, lenders, clean energy experts, property owners, and everyone who stood fast to create, grow, and protect the Texas PACE in a Box model. 

Thanks to each of you, more than $133 million in quality PACE projects have been executed across Texas, with a strong pipeline generating more projects. As the program continues to grow, TPA looks forward to working with each of you to protect the quality of what we’ve achieved together, creating economic and environmental benefits to local governments, businesses and nonprofits in urban and rural Texas at the lowest possible cost.

There is still more to do to protect the integrity of this program and make it available in every corner of the state. TPA is committed to long-term success for all stakeholders, which requires commitment to core principles, integrity, quality, and public service. Help us continue to build the program that brings you and our communities decades of success.
Also in this Issue:
  • A ground-breaking year despite COVID-19
  • DBRS / Morningstar signals 2021 as a strong year for the PACE market
  • Travis County Commissioner Brigid Shea honored at Texas Energy Summit
  • January PACE Webinar Forum and Workshops
COVID-19 couldn’t stop TPA’s PACE in 2020
  • TPA closed 15 projects in 2020, more than in any previous year
  • TPA facilitated more than $33 million in TX-PACE investment despite COVID-19
  • 21 local governments established new TX-PACE regions, enabling TPA to serve more than 60% of Texans… with more to come!
2020’s final TX-PACE project:
Fort Worth’s historic Sinclair Hotel utilized the Tarrant County PACE program for $8.2 million for energy and water saving improvements financed by Twain Financial Partners.
Morningstar Bullish on Commercial PACE in 2021
DBRS Morningstar believes the C-PACE market will grow in 2021, on the heels of unexpectedly positive origination in the latter half of 2020. 

Let TX-PACE be your property’s competitive vaccination in 2021, facilitating cash-flow positive financing to repurpose and revitalize your company or nonprofit property. 

Warmest Congratulations to
Commissioner Brigid Shea
Travis County Commissioner, Precinct 2
For receiving a Lifetime Achievement Award at the 2020 Texas Energy Summit, hosted by the Texas A&M Energy Systems Lab, in recognition of over 35 years of clean energy and environmental leadership.
TPA is grateful for Commissioner Shea’s ongoing support of the Texas PACE program and her sponsorship of Texas’ first PACE program, the Travis County PACE program, in 2015.
UPCOMING TRAININGS
January 12 - Webinar: Lower Rio Grande Valley PACE Forum
Hear about economic development tools and PACE in Cameron, Hidalgo, and Willacy Counties

January 14 - Webinar: Lower Rio Grande Valley Service Provider Training Workshop

January 21 – TPA’s T5 Training Webinar Series - Industrial Energy, Water and Environmental Projects
Learn how to improve plant efficiency, reduce operating costs and attain ESG objectives without competing for internal capital. 

Reopen 2

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.
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, 55 local governments have established TX-PACE programs reaching above 60% of the Texas population.