The Cameron Industrial Foundation (CIF), in partnership with the Cameron Economic Development Corporation and the City of Cameron, is pleased to highlight a valuable financing tool now available to property owners and developers in our community: Commercial Property Assessed Clean Energy (C-PACE) financing.
As Cameron continues to position itself for strategic growth—particularly with anticipated infrastructure investments such as the future I-14 corridor—C-PACE offers a flexible, cost-effective way to support high-quality commercial development and redevelopment.
C-PACE is a state-enabled financing program that allows commercial property owners to fund energy efficiency, water conservation, and resiliency improvements through a voluntary property assessment.
Unlike traditional loans, C-PACE financing is tied to the property rather than the owner and is repaid over time through a special assessment on the property tax bill.
For a growing community like Cameron—where revitalization, new construction, and industrial expansion are key priorities—C-PACE provides a critical financial tool that can help close funding gaps and improve project feasibility.
Whether you are developing a new facility, expanding an existing operation, or rehabilitating a historic downtown property, C-PACE can significantly enhance your capital stack.
C-PACE can cover up to 100% of eligible project costs, including:
Energy-efficient HVAC systems
Lighting upgrades
Insulation and building envelope improvements
Water conservation systems
Renewable energy installations
This reduces the need for large upfront capital expenditures and preserves cash flow for other business needs.
C-PACE terms can extend up to 20–30 years, with fixed interest rates. This results in:
Lower annual debt service
Improved project economics
Greater predictability in operating costs
Because C-PACE is structured as a property assessment rather than a traditional loan, it may be treated differently on financial statements (subject to accounting guidance). This can be attractive to developers managing leverage and balance sheet performance.
C-PACE financing stays with the property upon sale, meaning:
No need to refinance at disposition
Future owners benefit from the improvements - lower cost of ownership
Sellers can exit without paying off the remaining balance
C-PACE encourages high-performance building standards that:
Reduce utility costs
Increase tenant appeal
Improve long-term asset value
Align with sustainability and resiliency goals
C-PACE can be layered with:
Traditional bank financing
Tax incentives and abatements
Opportunity Zone investments
Local economic development programs
This flexibility makes it a powerful complement to Cameron’s broader economic development strategy.
C-PACE is particularly well-suited for projects such as:
Industrial and manufacturing facility expansions
Commercial retail or office development
Hotel and hospitality projects
Downtown building rehabilitation
Adaptive reuse of historic structures
Given Cameron’s strong focus on downtown revitalization and industrial growth, C-PACE can play a key role in advancing projects that might otherwise face financial barriers.
With major regional growth drivers—including nearby advanced manufacturing investments and future transportation infrastructure—Cameron is uniquely positioned to attract new business activity. Tools like C-PACE ensure that local property owners and developers can compete effectively and deliver modern, efficient facilities.
The Cameron Industrial Foundation encourages developers, business owners, and property investors to explore how C-PACE can support their next project.
Early coordination is important. Projects must be reviewed and approved prior to construction, so engaging with local partners at the outset is critical.
At the Cameron Industrial Foundation, our mission is to serve as a facilitator for the advancement and enhancement of industrial, commercial and community development for Cameron.
C-PACE financing is one more way we are helping bring transformative investment to Cameron.
For more information or to discuss your project, contact:
Cameron Industrial Foundation
254-697-4970