The Code: Refinancing Completed Improvements with TX-PACE Financing

The Code in Austin Highlights Another Use for TX-PACE

A newly constructed hospitality and residential project in Austin is using TX-PACE financing to refinance debt tied to eligible energy and water improvements already incorporated into the property. The Code demonstrates how TX-PACE can support long-term capital planning even after qualifying improvements are complete, with a 30-year financing term and significant projected energy and water savings.

Read the full story from Texas PACE Authority: https://www.texaspaceauthority.org/the-code-refinancing-completed-improvements-tx-pace-financing/