The City of Dallas C-PACE program recently closed its first PACE project, enabling Alterra International to obtain $23.9 million in long-term fixed-rate financing from CleanFund Commercial PACE Capital for energy and water saving upgrades to the historic Butler Brothers Building at 500 S. Ervay Street across from City Hall.

The project is the largest C-PACE project to date in Texas and is the second largest single-funded C-PACE project in the nation.

http://www.cleanfund.com/dallas-c-pace-program-enables-23-9-million-in-long-term-financing-for-redevelopment-of-historic-downtown-property/