Powering Affordable Clean Energy (PACE) Program

Department Of Agriculture, Rural Utilities Service

The Powering Affordable Clean Energy (PACE) Program is intended to provide loans to qualified applicants to finance power generation projects for Renewable Energy Resource systems or Energy Storage Systems that support Renewable Energy Resource projects. The goal of the PACE Program is to support clean, affordable energy growth across America. The PACE Program provides loans to eligible entities, with varying levels of loan forgiveness, for projects that generate and/or store electricity from re

Jargon-free version

Helps rural communities get loans to create and store renewable energy. Some loans may be forgiven based on project success.

Quick Facts

Funding
Contact for details
Deadline
Rolling
Status
Rolling Intake
Category
Housing & Community Development
Organization
Department Of Agriculture, Rural Utilities Service

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What Is This Program?

The PACE Program is intended to: assist rural communities recover economically through more and better market opportunities and through improved infrastructure; ensure all rural residents have equitable access to RD programs and benefits from RD funded projects; and reduce climate pollution and increasing resilience to the impacts of climate change through economic support to rural communities. PACE will accomplish these goals by providing loans to eligible entities, with varying levels of loan forgiveness, for projects that generate and/or store electricity from renewable energy resources.

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How Do I Apply?

christopher.mclean@usda.gov
2027209545

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

Contact the program administrator for funding details.

This program accepts applications on a rolling basis.

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