A Look at New York’s Commercial Property Clean Energy Loan Program
Discover how New York's innovative Commercial Property Assessed Clean Energy (C-PACE) loan program empowers commercial property owners to make eco-friendly upgrades.
Sujata Yalamanchili and Rani Patel co-authored “A Look at New York’s Commercial Property Clean Energy Loan Program” in the April issue of Tax Notes State.
This article delves into the unique financing mechanism that ties repayment obligations to property ownership, allowing full financing of energy-efficient projects without upfront costs. Learn about the legislative history, application process, tax implications, and lease considerations that make C-PACE a game-changer for sustainable property development.
Read the full article below.