What is the interest rate for PACE financing?

Currently, PACE financing has an average range of 6-8% interest rate with additional associated fees. Typically, the cost of the project is repaid over a period of 15 to 20 years as an annual payment on the property tax bill; however, other payment lengths are available. Interest rates and fees for the project are set by the PACE Provider at the time that Financing Document/Agreement are finalized with the property owner. More information can be found on the PACE Providers' websites.

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1. What are the pros and cons of PACE?
2. How is PACE different from other financing options?
3. What is the interest rate for PACE financing?
4. What improvements qualify for PACE financing?
5. Is there a time limit or a funding limit on the amount of financing available?
6. Does a condominium qualify for PACE?
7. Do I have to pay the remaining PACE assessment in full if I sell my property?
8. What happens if my PACE assessment is not paid?
9. Can I pay my PACE assessment early?