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Specialty Financing for
Building Upgrades

Thanks to new legislation in New York and 35 other states, a major financial obstacle to energy efficiency has been removed for co-ops, condos and other commercial buildings. Owners can now easily afford to comply with new energy codes like NYC Local Laws 92/94 and 97. They can now access the capital they need for equipment upgrades that help avoid fines, improve energy efficiency and reduce operating costs.

Verify project eligibility

Roof Replacement

C-PACE legislation allows for 100% financing of roof replacement when coupled with other energy upgrades, such as green roofs or solar. Urbanstrong works with all the major waterproofing manufacturers and can provide you with a single-source warranty.

Equipment Replacement Upgrades

Improve energy efficiency to comply with local laws and avoid fines. We offer payback terms that match equipment lifespan, often 25-30 years. Savings exceed repayments, so owners are cash flow positive from day one. Eligible building retrofits and upgrades include:

  • HVAC, heating, air conditioning
  • LED and high efficiency lighting
  • Boilers, chillers and furnaces
  • Roof replacements and solar panels
  • Hot water heating
  • Building automation controls
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C-Pace Financing

Replace mezzanine debt, reduce the required equity, and fill in the capital stack of the project to improve returns on the deal. Preserve working capital. reduce the required equity, enhance our return on investment. C-PACE financing is 50% less expensive than mezzanine debt. Increase return on equity by decreasing cost of capital.

Verify if your project is eligible.

What is C-PACE financing?  And how does it help building owners?

C-PACE (Commercial Property Assessed Clean Energy) is an innovative voluntary financing solution that makes green energy upgrades accessible and affordable for building owners across New York and over 24 other states. The program is a public-private-partnership enabled by state law and county/municipal ordinance, designed to help commercial building owners invest in their property while seeing day-one savings.  Key benefits include:

 

  • 50% less expensive than mezzanine debt

  • First payment may be deferred for up to 2 years

  • 25+ year payback terms

  • Zero down for 100% financing

  • Transfers to next owner upon sale

  • Savings structured to exceed re-payments

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Why Urbanstrong?

Urbanstrong’s lending partners are the leading provider of C-PACE financing in the country. Their founders ran the first ever successful C-PACE program back in 2012, and have since closed over $450M in C-PACE deals. They now bring their expertise and know-how to helping Urbanstrong clients. Together we offer a transparent, rapid approval process and a dedicated team ready to assist with all aspects of financing your building energy project. We’ll hold your hand through the entire process and do all the heavy lifting for you.