Georgia’s Statewide C-PACE Financing Program
Financing Clean, Energy Efficient
Growth Across Georgia,
One Property at a Time
Peach State C-PACE connects commercial property owners with long-term, fixed-rate financing for energy efficiency upgrades, building improvements, renewable energy, and water conservation — repaid through a voluntary property tax assessment alongside existing property taxes.
Program at a Glance
4
Fully Active Programs
6
Jurisdictions with Legislation
up to 30yrs
Year Assessment Terms
100%
Private Capital Financed
Created through Georgia House Bill 206 and operating under Official Code of Georgia Annotated § 36-62-2.1
What is C-PACE
A Smarter Way to Finance Property Improvements
Commercial Property Assessed Conservation, Energy, and Resilience (C-PACER, commonly referred to as C-PACE) is a financing mechanism that allows commercial, industrial, and multifamily property owners to fund qualifying energy efficiency, resilience, and water conservation improvements through a voluntary assessment on their property — repaid over time alongside property taxes.
100% Private Capital
All financing comes from private lenders. No public funds are at risk — local governments simply enable and administer the program.
Assessment-Based Repayment
Repayment is structured as a special assessment on the property, providing lenders with a senior security interest that stays with the land.
Wide Range of Eligible Projects
Eligible improvements span energy efficiency, renewable energy, building electrification, water conservation, and resilience upgrades across hundreds of qualifying improvement types.
Statewide Program, Local Authority
Peach State C-PACE operates under county-level enabling legislation. Each participating jurisdiction adopts its own C-PACE program through Peach State C-PACE as administrator.
Program at a Glance
Up to
30yrs
Assessment terms aligned with the useful life of improvements — far longer than conventional commercial loans.
Up to
100%
Financing of eligible project costs, including soft costs, with no equity contribution required from the property owner.
Fixed
Rate
Long-term, fixed-rate financing provides certainty and predictable cash flows for property owners and their tenants.
Senior
Lien
The C-PACE assessment holds a priority position, providing lenders with strong collateral. Mortgage lender consent is required.
Why C-PACE?
Traditional Loan vs. C-PACE Financing
| Typical Traditional Loan | Standard C-PACE Financing |
|---|---|
| Closing costs and down payment due up front | Closing costs included in total financing and paid off through annual assessment payments |
| First loan payment due within a few weeks of closing | First assessment payment not due for 3–24 months |
| Fixed rate for only a certain period of the loan term | Fixed rate for up to 30 years |
| Must be paid off if owner sells the property | Assessment transfers to new owner upon sale |
| Multiple years until positive cash flow is achieved | Creates immediate positive cash flow |
| Funding availability based on business credit | Funding availability based on net benefits of project |
| Increases debt on the balance sheet, which may negatively impact future borrowing | Does not increase debt on the balance sheet, which may positively impact future borrowing |
There may be other types of financing available to property owners for eligible improvements. Property owners should obtain professional financial assistance in selecting the option most appropriate for their situation.
The Process
How Peach State C-PACE Works
County Enables the Program
A county or municipality passes C-PACE enabling legislation and partners with Peach State C-PACE as the program administrator.
Owner Identifies Improvements
A commercial property owner identifies qualifying energy, water, or resilience improvements and commissions an energy audit or feasibility study.
Lender Provides Financing
An approved C-PACE lender underwrites and funds the project. Mortgage lender consent is obtained if there is an existing mortgage.
Assessment is Recorded
Peach State C-PACE records a C-PACE assessment against the property. The assessment appears on the property tax bill as a special line item.
Repayment Over Time
The property owner repays the lender via annual tax assessments over the agreed term. If the property sells, the assessment transfers to the new owner.
Eligible Improvements
What Can C-PACE Finance?
Peach State C-PACE supports hundreds of qualifying improvements for commercial, industrial, nonprofit, and multifamily properties across Georgia — helping owners reduce operating costs and improve building performance.
Energy Efficiency
HVAC systems, building envelope upgrades, LED lighting retrofits, building automation systems, cool roofs, and insulation that reduce a property’s energy consumption.
Renewable Energy
Rooftop and ground-mounted solar photovoltaic systems, solar thermal, and other on-site renewable generation that reduce reliance on grid electricity.
Building Electrification
Conversion from fossil fuel systems to electric alternatives, including heat pumps, electric water heaters, induction cooking, and electric boilers.
Water Conservation
Low-flow fixtures, greywater recycling, rainwater harvesting, smart irrigation systems, and other improvements that reduce potable water consumption.
Resilience & Storm Hardening
Flood mitigation, hurricane-resistant windows and doors, backup power systems, stormwater management, and green infrastructure improvements.
EV Charging Infrastructure
Electric vehicle charging stations and supporting electrical infrastructure for commercial and multifamily properties, enabling tenant and visitor electrification.
Program Availability
Georgia C-PACE Program Map
C-PACE financing is available in jurisdictions that have enacted enabling legislation. Additional counties are actively exploring participation.
Who We Serve
Built for Lenders and
Local Governments
For Private Lenders
Peach State C-PACE offers institutional and community lenders a compelling, lower-risk asset class backed by a property tax assessment — one of the most secure forms of collateral available in commercial real estate finance.
- Senior lien position provides strong collateral security
- Assessment survives foreclosure and bankruptcy proceedings
- Long-term, fixed-rate structure matches institutional investment horizons
- Growing pipeline of energy efficiency and resilience projects across Georgia
- Standardized program documents reduce transaction costs
- Peach State C-PACE provides program administration and assessment recording
For Counties & Municipalities
Opting into Peach State C-PACE is a low-cost, high-impact economic development tool that attracts private investment, supports local businesses, and advances community sustainability goals.
- No public funds at risk — all financing is private capital
- Peach State C-PACE handles program administration at no cost to the county
- Stimulates commercial investment and construction activity
- Supports local energy efficiency, resilience, and clean energy goals
- Assessment collected by existing county tax infrastructure
- Simple opt-in process via enabling resolution and program agreement
Get Involved
Express Your Interest
Whether you are a private lender, county official, or exploring project eligibility — we want to hear from you. Peach State C-PACE will follow up shortly.
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Get In Touch
Connect With Us
Program Contact
Melody Echols
Director of Sustainability & Special Projects
Contact Information
133 Peachtree St NE, Suite 2300
Atlanta, GA 30303