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YOUR LOCAL EXPERTS
IN ALL THINGS
PACE IN TEXAS
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Project Highlights
PACE in Action Across Texas
| | TX-PACE Supports the Transformation of an Historic Downtown Dallas Landmark | A new chapter is underway for one of downtown Dallas' most recognizable historic properties. The redevelopment of 501 Elm Street demonstrates how TX-PACE can complement Historic Tax Credits and other financing sources to support complex adaptive reuse projects. With approximately $16 million in TX-PACE financing for energy and water efficiency improvements, the project will help preserve an iconic landmark while creating new housing, retail opportunities, and long-term economic vitality for downtown Dallas. Read the full story to learn how innovative financing is helping transform this historic property. | | |
Program Highlights
Expanding Access One Region at a Time
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Johnson County Joins the
Commercial TX-PACE Network
| Johnson County has joined the statewide TX-PACE network, giving eligible commercial, industrial, nonprofit, and multifamily property owners access to long-term, private financing for energy, water, on-site power, and resiliency improvements. Established by the Johnson County Commissioners Court on July 27, the voluntary program can help strengthen properties, reduce operating costs, and attract new private investment without using public funds. [Read more about TX-PACE in Johnson County.] | | |
Texas PACE Authority’s 2025 Annual Report:
Turning Local Action Into Statewide Impact
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Texas PACE Authority’s 2025 Annual Report is now available, offering a look at the projects, partnerships, and measurable results that shaped another strong year for TX-PACE.
From 15 closed transactions totaling more than $121 million in TX-PACE assessments to expanded program access and statewide outreach, the report highlights how private investment continues to support local economic development, energy and water efficiency, and stronger communities across Texas.
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In Case You Missed It
What We're Saying
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Breaking Through the Maturity Wall: How TX-PACE Lowers the Cost of Capital
Fourth in our
“maturity wall” series
| | As borrowing costs continue to challenge commercial real estate projects, optimizing the capital stack has never been more important. In Part 4 of our Breaking Through the Maturity Wall series, we explore how TX-PACE can reduce a project's blended cost of capital, preserve equity, improve cash flow, and create stronger long-term financial performance. | | TX-PACE in Practice: Is My Project a Good Fit for TX-PACE? | | Not sure if your project qualifies for TX-PACE? In the second edition of our TX-PACE in Practice series, we explore the types of projects, improvements, and financing strategies that may make a project a strong candidate for TX-PACE. Read the full article to learn more. | | |
Upcoming Events
These Events May Interest You
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Texas Clean Energy Summit
Powering Texas' Clean Energy Future: Insight & Opportunities Keeping the Lone Star State Number One in Energy!
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August 18 - 20
Hyatt Regency Austin
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DUB'S PANEL DATE/TIME:
Thursday, August 20, 2026
10:45–11:30 a.m.
| | EPA Region 6 Brownfields Conference | | |
August 25-27, 2026
Renaissance Tower, Dallas
| The conference will focus on the three following aspects of the Brownfields Program: technical assistance, program operations, and partnerships. | | Bastrop County Growth Summit | | |
September 9, 2026
Bastrop Convention & Exhibit Center
| Join Austin Business Journal for the 2026 Bastrop County Growth Summit, in partnership with Bastrop EDC! | | September Property & Education Exchange | | |
September 10
Goosehead Insurance Office
| | Austin-San Antonio Growth Summit 2026 | | |
September 24, 2026
New Braunfels Civic & Convention Center
| Join Austin Business Journal & San Antonio Business Journal for the 2026 Austin-San Antonio Growth Summit. | | | | |
October 6-7, 2026
Southern Methodist University
| This conference unites experts advancing resource-efficient AI across autonomous, edge, distributed, and quantum systems. | |
24th Annual North
Texas Facilities Expo
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October 14-15, 2026
New Braunfels Civic & Convention Center
| The North Texas Facilities Expo offers free learning and networking for facilities, maintenance, energy, and building professionals. | | 21st Annual
Texas Energy Summit | | |
September 24, 2026
Texas Capitol
| Connect with leaders advancing cleaner air through innovative energy technologies, policies, programs, and partnerships. | | |
Recent
In Case We Missed You at These Events
| | Bisnow: Tarrant County State of the Market | | |
July 30, 2026
The Crescent Hotel, Fort Worth
| Driving Growth Through Mixed-Use Development, Entertainment Hubs, and Strategic Market Trends | | |
Around the Web
What They're Saying
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July 24, 2026
City of Dallas PACE Financing Program Supports the Transformation of Historic Building in Downtown
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DALLAS — A 125-year-old building in the West End district of downtown Dallas is entering a new chapter through an adaptive reuse project supported by property assessed clean energy (PACE) financing facilitated by the City of Dallas PACE Program administered by Texas PACE Authority.
Addressed as 501 and 509 Elm Street across the street from The Sixth Floor Museum at Dealey Plaza, the historic property is listed on the National Register of Historic Places, and the project reflects the importance of preserving Dallas’ historic built environment while adapting it for future generations.
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August 3, 2026
Dal-Tex Building Conversion in Downtown’s West End Gets $16M Boost
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Downtown Dallas’ transformation from a strictly business-oriented concentration of towers into an actual neighborhood of historic character is proceeding apace, with adaptive reuse projects in the West End revving up to counter the dour narratives haunting the city center.
One conversion just got a significant boost in the form of property assessed clean energy financing through the city and the nonprofit Texas PACE Authority, which backs “economically sound and environmentally friendly improvements” in communities around the state.
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About Texas PACE Authority: Texas PACE Authority (TPA) is the nonprofit administrator of 113 local TX-PACE programs at the time of this newsletter. TPA is on a mission to empower commercial, industrial, and multifamily property owners across Texas to make energy- and water-saving upgrades that save money, benefit the environment, and help their communities. We work with local governments, lenders, service providers, and all other stakeholders to make businesses more profitable, save natural resources, and revitalize communities across Texas. www.TexasPACEAuthority.org | | | | |
