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After much debate and anticipation, #NYC’s #CPACE new construction guidelines are officially out! Here are a couple highlights from the new documents: • The project must be defined as a “Low Carbon Building” • The C-PACE loan can’t exceed 30% of the project’s total construction costs • No term limit • No SIR requirement for new construction or gut rehabilitation projects Learn more: https://hubs.li/Q02M3LwJ0 Meet with our NYC originators to see if your project is eligible: • Robbie Pinkas | robbie@paceloangroup.comLoren H. Biller | loren@paceloangroup.com

NYC's new construction guidelines have been released

NYC's new construction guidelines have been released

paceloangroup.com

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