--- title: To Meet Demand for Green Buildings, Developers Get a Leg Up description: PACE program expects to be up and running for early next year per, Fred Lee, co-chief executive of the NYCEEC image: https://www.nycpace.info/hubfs/27PACE-01-superJumbo.webp --- [![nyc-pace-info-logo-with-csre-and-capalino---round-corners](https://www.nycpace.info/hubfs/nyc-pace-info-logo-with-csre-and-capalino---round-corners.png)](https://www.nycpace.info) - [About NYCPACE.info](https://www.nycpace.info/about) - [For Builders](https://www.nycpace.info/nyc-pace-for-professionals) - [For Developers](https://www.nycpace.info/nyc-pace-for-developers) - [For Property Owners](https://www.nycpace.info/nyc-pace-for-property-owners) - [Industry News](https://www.nycpace.info/blog) - [Get Started](https://intake.counterpointesre.com/index.php?r=application/eligibilityCheck) - [Contact Us](https://www.nycpace.info/contact) # To Meet Demand for Green Buildings, Developers Get a Leg Up [Industry Leaders](https://www.nycpace.info/blog/author/industry-leaders) Aug 27, 2019 1:49:00 PM ![](https://www.nycpace.info/hubfs/27PACE-01-superJumbo.webp) The goal of PACE programs from the onset was to finance renewable and efficiency upgrades to existing buildings, but the financial product is proving useful for new construction and gut rehabilitation as well.  In fact, lenders anticipate this trend to continue while capital flows at an ever-increasing pace towards green investments nationally. Meanwhile, New York City's PACE program expects to be up and running for early next year per, Fred Lee, co-chief executive of the NYCEEC.  Full Article: [Joe Gose | The New York Times](https://www.nytimes.com/2019/08/27/business/green-buildings-pace-loans.html) ## Related Posts ### [Sep 20, 2020 1:30:00 PM Op-Ed | Build a Green New Deal for New York](https://www.nycpace.info/blog/op-ed-build-a-green-new-deal-for-new-york) ### [Nov 21, 2019 1:03:00 PM NYC Buildings Will Soon Display Letter Grades Tracking Energy Efficiency](https://www.nycpace.info/blog/nyc-buildings-will-soon-display-letter-grades-tracking-energy-efficiency) ### [Dec 29, 2018 2:54:00 PM What is the Green New Deal and is it Technically Possible?](https://www.nycpace.info/blog/what-is-the-green-new-deal-and-is-it-technically-possible) ![nyc-pace_logo-w](https://www.nycpace.info/hubfs/nyc-pace_logo-w.png) NycPACE.info provides information about the NYC PACE program. NycPACE.info is a service of CounterpointeSRE.   - [About](https://www.nycpace.info/about) - [Builders](https://www.nycpace.info/nyc-pace-for-professionals) - Developers - Property Owners - [News](https://www.nycpace.info/blog) - [Get Started](https://www.nycpace.info/ask-a-question-about-pace) - [Contact Us](https://www.nycpace.info/contact) © 2026 All rights reserved. NycPACE.info provides information about the NYC PACE program as a service of CounterpointeSRE, a national C-PACE capital provider ,approved to provide capital by the NYC PACE program, and is not affiliated with the NYC PACE program. The information contained in this website is for informational purposes only and should not be relied upon as investment advice. Any investments or portfolio companies mentioned, referred to, or described in this website are not representative of all investments originated by CounterpointeSRE and there can be no assurance that the investments will be profitable or that other investments originated in the future will have similar characteristics or results. An investment targeting both real estate and energy industries entails a high degree of risk, including the risk of loss. No assumptions should be made that any investments identified were or will be profitable. Developed by [GiantFocal](https://www.giantfocal.com)