Technical Assistance

Intro Property Assessed Clean Energy (PACE) Finance WebCourse
August 12-13, 2024
Daily: 12:00 - 5:00 PM Eastern

Register Today


Property Assessed Clean Energy (PACE) is an innovative financing tool that can be used to support new energy efficiency upgrades, retrofitting, and/ or energy generation on industrial, commercial (C-PACE), and residential (R-PACE) properties. These programs help communities reduce their energy use, lower energy costs, and reduce environmental impacts. Increasingly, PACE is also used to finance various sustainability and resiliency projects. With PACE, property owners have access to low-interest loans provided by private lenders for sustainability-related improvements. Loan payments are then collected through municipalities by incorporating them with the landowner’s yearly property tax payments.

The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will explore the process of creating, operating, and maintaining a community-based PACE program. This two-day course will feature a comprehensive overview of PACE including program design, capital markets analysis, investor attraction, legal and regulatory considerations, market potential, and operations. This training course is designed to put your community on the path to energy efficiency while creating jobs and promoting environmental sustainability.

This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Join us online and start down the road to personal and professional advancement today.


Course Objectives

  • Learn the basics of PACE, how it functions, and why it is important for energy improvements
  • Tell the difference between the needs of commercial and residential properties
  • Follow the process of setting up a PACE district from start to finish
  • Grasp an understanding of energy bonds and their purpose in providing revenue
  • Discover the many roles involved in completing a successful PACE program
  • Learn how to implement a PACE program in your community
  • Ascertain a knowledge of the financing terms, regulations, and guidelines
  • Hear recommended practices from a number of projects and case studies throughout the country

Topics Covered

  • How PACE works
  • Why use PACE as a financing tool
  • Addressing barriers to PACE implementation
  • Financing process & terms
  • Important regulations & guidelines
  • Management structures
  • How to create a PACE program for a community
  • Example PACE programs from start to finish
  • Residential vs. Commercial
  • PACE Bonds
  • Eligible PACE Products
  • Players involved – designer, administer, contractor, investor, financier, property owner
  • Marketing your PACE program
  • Finding potential investors and contractors
  • Lender consent process

Who Should Attend?

  • Bond issuers
  • Economic development professionals
  • Community development professionals
  • Broker, dealers, and underwriters
  • Elected officials
  • Government and nonprofit finance officers
  • Corporate trustees
  • Legal counsel
  • Underwriters
  • Commercial bankers
  • Attorneys
  • Accountants
  • Financial Advisors
  • Policy Makers

Course Advisor

Angela Blatt Angela Blatt
Council of Development Finance Agencies
As Director of Knowledge & Networks Division with the Council of Development Finance Agencies (CDFA), Angela focuses on the W.K. Kellogg Foundation-funded initiative “Defining the Food System Asset Class,” whereby CDFA explores opportunities for the... (More)


Monday, August 12, 2024

Mon 12:00 PM - 12:15 PM
Welcome & Overview
Welcome to the Intro Property Assessed Clean Energy (PACE) Finance WebCourse. During this time, the course advisor will introduce CDFA, explain how to use the online software, and discuss the framework for the two-day course.
Mon 12:15 PM - 1:30 PM
Understanding PACE
Property Assessed Clean Energy (PACE) financing is expanding across the country through several innovative programs. Designed to support energy efficiency installations in industrial, commercial, and residential buildings, PACE programs incentivize reduction in energy usage by paying for up-front improvements through assessments on property tax bills over time. This session will explain the basic concepts of PACE and how the tool is beneficial for the energy industry.
Mon 1:30 PM - 2:15 PM
Legal, Policy & Regulatory Considerations
For PACE programs to be successful, there is a complex set of legal requirements and financial guidelines that must be taken into consideration. These policies allow the tool to function as well as bring about financial viability for the properties involved. During this session, industry representatives will outline the legal and policy necessities that must be met for successful implementation of PACE.
Mon 2:15 PM - 2:30 PM
Mon 2:30 PM - 4:00 PM
PACE Financing Options
There are several capitalization options for the initial investments into a PACE district, including bonds, grants, and loans. This session will explore the many starting funds that can be used, as well as focus on the process of issuing PACE Bonds.
  • John Kinney, Founder and Executive Chairman, CleanFund Commercial PACE Capital, Inc.
  • James Vergara, Chief Investment Officer/Chief Operating Officer, Home Run Financing
  • Michael Yaki, SVP and Sr. Counsel, Policy & Programs, Petros PACE Finance, LLC
Mon 4:00 PM - 5:00 PM
PACE Players Involved and Their Roles
There are many players involved in the implementation of PACE programs including the designer, administrator, contractor, investor, financier, and property owner. This session will focus on the roles that each player fulfills and will open the discussion between all of the professionals who normally collaborate for a successful PACE program.
Mon 5:00 PM

Tuesday, August 13, 2024

Tue 12:00 PM - 12:15 PM
Revisiting Day 1
At the start of the second day of the Intro PACE Finance WebCourse, the course advisor will review some important terms and set the stage for the remaining sessions.
Tue 12:15 PM - 12:45 PM
Residential vs. Commercial Considerations
The goal of this session is to discern the difference in financing mechanisms needed for various zoning areas within a community. The laws and financial needs vary widely between commercial and residential properties and speakers will compare and contrast these needs for a better understanding of PACE as a whole.
Tue 12:45 PM - 2:45 PM
PACE Program Management
The goal of this course is to provide attendees with the knowledge necessary to implement successful PACE programs in their communities. During this session, speakers will share detailed directions on realizing PACE district implementation including administrative needs, marketing, contractor certification, staff needs, loan servicing, and SID approval.
Tue 2:45 PM - 3:00 PM
Tue 3:00 PM - 5:00 PM
PACE - Case Studies
As the course comes to an end, the main ideas and process as a whole are wrapped up in shared case studies of PACE programs that have taken off throughout the country. A variety of zones, states, and programs will be demonstrated.
Tue 5:00 PM


The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will take place on Zoom. The course will meet each day from 12:00-5:00 PM Eastern. Attendees must have access to a computer and the internet to attend the course.


This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.

Scholarships are available to attend this event. Learn more about the CDFA Scholarship Program, and submit your application today.

When you register for four courses during CDFA Summer School, you will receive a $150 discount off the total registration fee.

CDFA permits only one person to login and participate in the course. If multiple people are accessing the course without paying to attend, we will terminate the connection and access. CDFA offers group discounts for organizations that wish to register multiple people.
Standard Rates
CDFA Member: $375
Non-Member: $500