TX-PACE For Local Governments
Bring Private Investment to Your Community with TX-PACE
Help commercial, industrial, agricultural, nonprofit, and multifamily property owners finance eligible energy, water, resiliency, and distributed generation improvements without creating a new taxpayer burden.
Why Local Governments Adopt TX-PACE
Economic Development
TX-PACE helps owners move qualified projects forward by improving access to private capital.
No General Taxpayer Burden
The program is funded through user fees and grants, not through the local government’s general treasury.
Minimal Staff Impact
TPA administers the uniform PACE in a Box model on behalf of participating local governments.
Local Benefit, Private Capital
Property owners choose their own private-sector capital provider and voluntarily request the assessment.
Program Consistency Across Texas
PACE in a Box provides model documents, underwriting standards, and technical best practices.
Nonprofit Program Administration
TPA serves as a Texas' only nonprofit program administrator, helping local governments implement and manage TX-PACE using a consistent, proven process.
How TX-PACE Works
Establish a PACE Program
The city or county adopts the uniform PACE in a Box model.
Owner Selects Improvements
Projects may include energy efficiency, water conservation, resiliency, and distributed generation.
Owner Selects Financing
The property owner works with a private capital provider.
TPA Works with Lender to Secure Financing
The assessment is tied to the property and repaid over time.
TX-PACE Creates Community Impact
Projects can support reinvestment, utility savings, modernization, and economic development.
Testimonials
Strengthen Communities with TX-PACE
"AACOG is proud to be home to the largest PACE financed project in Texas to date – the Monarch Hotel, assessed at over $48 million."
Cliff Herberg
Senior Director, Alamo Area Council of Governments (AACOG)
Proven Model
"Projects such as the Monarch Hotel are testament to the effectiveness of the PACE financing model."
Douglas Melnick
Chief Sustainability Officer, City of San Antonio
Economic Development Asset
"It would do well for every city to be knowledgeable of the PACE financing program and have it available for projects should the need arise."
Clay Meadows
Financial Leader, Clarksville General Hospital
PACE is an Indispensable Element in Our Capital Stack
"By providing a pathway for energy upgrades like rooftop solar, TX-PACE helps reduce costs for property owners, supports local economic development, and builds a stronger, more resilient community."
Summer Spurlock
City Manager, City of Greenville, TX
Highly Recommended
I would unequivocally encourage the PACE program to others exploring commercial improvements aligned with their mission.
We worked closely with Texas PACE Authority throughout 2022 on an ambitious, out-of-the box commercial development that we expect to have a transformative impact regionally.
Timothy Crowley
Developer, High Frontier Project
Jeff Davis County (Fort Davis)