CPACE Lending Is Picking Up The Pace In New York City: What You Need To Know

NYC's Local Law 97, which officially becomes active on Jan. 1, 2024, requires most buildings 25,000 SF or larger to curb carbon emissions to meet established targets or else face fines. CPACE financing was designed to pay for energy efficient retrofits and to help offset the cost of compliance. Via Forbes - Real Estate https://ift.tt/NHE6acY