Help Restore C-PACE Access for SBA-Financed Small Businesses
NAPPA is coordinating a national advocacy effort to restore a pathway for businesses with SBA 7(a) and 504 financing to access eligible Commercial Property Assessed Clean Energy financing.
Why This Matters
C-PACE can help commercial property owners finance energy efficiency, renewable energy, resiliency, and major building improvements through long-term financing tied to the property. For many small businesses, especially those in rural and underserved communities, SBA financing is also a critical part of the capital stack.
C-PACE is voluntary.
Property owners choose whether to participate, and projects are financed without creating a federal taxpayer-funded lending program.
Senior lender consent matters.
C-PACE transactions generally require consent from an existing senior mortgage lender before financing can proceed.
Small businesses are affected.
Current SBA guidance can prevent SBA lenders from providing the consent needed for an otherwise qualifying C-PACE transaction.
Take Action
There are two ways to support this effort: engage your own congressional delegation and add your organization to NAPPA's national sign-on letter.
Contact Your Congressional Delegation
NAPPA has prepared a customizable letter that state and local C-PACE programs can send directly to their U.S. Senators and Representatives.
- Add your program and state information.
- Include local C-PACE investment or project data.
- Add a small-business or community example if available.
- Send the completed letter directly to your delegation.
Join the National Sign-On Letter
NAPPA is inviting C-PACE programs, public agencies, lenders, industry partners, and other stakeholders to join a national letter urging SBA to restore a pathway for SBA lenders to consent to qualifying C-PACE assessments.
Organizations should review the full letter and submit the sign-on form. By submitting the form, you confirm that you are authorized to add your organization as a signatory.
