Banks and Other Capital Providers
What Finance Opportunities Are Available Through The Program?
The Florida Green Energy Works Program gives commercial property owners an easy way to pay for valuable property improvements to their buildings that save both energy and money. The Program is designed to facilitate energy or wind-resistance projects that are cash-flow positive immediately by enabling owners to save more on energy and other costs than they spend on debt service.
The Florida Green Finance Authority acts as a conduit for interested capital providers, offering an exceptionally secure form of real estate investment. Financing through property assessed clean energy (PACE) secures repayment through a senior property lien that is collected as a non-ad valorem assessment on the property tax bill. Assessments have minimal default rates that historically average less than 2%. Collection is simplified because county tax collectors collect the payments, which are then remitted to capital providers annually.
To learn more, please download an information sheet on Green Finance Opportunities For Banks
Contact us to learn more about becoming a capital provider in the Florida Green Energy Works Program!