RenewPACE is Property Assessed Clean Energy financing. It’s repaid on the homeowner’s property taxes over the course of 5-25 years at a fixed interest rate that never rises. Renew Financial offers RenewPACE in cooperation with the Florida Green Finance Authority.
How is RenewPACE Different from Traditional Financing?
RenewPACE is financed through assessments collected on the property tax bill, and the balance due can transfer to the new owner if the home is sold, subject to lender approval.
Is My City Participating in RenewPACE?
RenewPACE is currently available in the majority of Manatee, Sarasota, and Charlotte counties.