WHO IS C-Change?
You already know about PACE so let's start by explaining why you should care about C-Change. As experts in PACE, C-Change brings PACE in-house for Lenders as a partner. C-Change handles all PACE inquiries from your team and borrowers. We enhance liquidity through a direct sale and coordinate with a rating agency for future securitizations and “Green Bond” qualifications. We partner with you to bring PACE expertise to your originators, underwriters, and servicers. This is what we call Lender PACE.
What is Eligible
HVAC
All HVAC is eligible. Ventilation during COVID is a great upgrade.
Lighting
LED’s are required by codes so they qualify & pay back quickly.
Windows
Code for windows and doors will improve utilities and noise.
Insulation
R-ratings on new insulation is great.
Roofing
Any roof should be reflective and add insulation.
Solar
Renewable energy of every kind is fully covered.
Plumbing
Many states cover drip irrigation and water-efficient fixtures.
Seismic
States like CA, WA, and OR also cover seismic improvements.