C-PACE Supports Construction of New Multifamily Building in East Kensington

Commercial Real Estate, New Construction, Philadelphia C-PACE

Project Overview Closing Date: July 20, 2026 Riverwards Group received $17.3 million in Philadelphia C-PACE financing from Nuveen Green Capital to support construction of a new 155-unit multifamily apartment building in Philadelphia’s East Kensington neighborhood.  The six-story development at 2507 Almond Street will include high-efficiency heating, ventilation, and air conditioning (HVAC) and building envelope upgrades, among…

Philadelphia Upgrades 130,000 Streetlights to LEDs, Improving Safety and Lowering Costs

Guaranteed Energy Savings, Municipal + Public Works, Residents + Communities

Project Overview PEA provided financing and project management of the Philly Streetlight Improvement Project (PSIP). From 2023-2026 Philadelphia’s 130,000 streetlights were upgraded to high-efficiency, longer-lasting LEDs. The project cut streetlight energy use in half, reducing municipal carbon emissions more than any previous City initiative, while saving Streets Department resources otherwise spent repairing and maintaining older…

C-PACE Helps Turn Abandoned Site into High-Efficiency Mixed-Use Development

Commercial Real Estate, New Construction, Philadelphia C-PACE

Project Overview Closing Date: November 21, 2025 Lincoln 7078 LLC received $1.1 million in Philadelphia C-PACE financing from PACE Equity for a new development in the Mt. Airy neighborhood of Northwest Philadelphia. The 39,000 square-foot multifamily building will include 30 apartments. C-PACE provided funds for high-efficiency HVAC and lighting, among other improvements, exceeding energy costs…

Family-Owned Business Goes Solar, Locks In Long-Term Savings

Commercial Real Estate, Solarize Greater Philadelphia

Project Overview Superior Commercial Kitchens is a multigenerational, family-owned business based in Bensalem. The company provides affordable, high-quality new and refurbished equipment for the Greater Philadelphia region’s restaurants and food service operators. To lower utility costs, Superior Commercial Kitchens turned to Solarize Greater Philadelphia and partnered with installer Superior Solar Design. A 34.5 kW solar…

C-PACE Funds Industrial Fabrication Facility Expansion

Building Renovation, Commercial Real Estate, Philadelphia C-PACE

Project Overview Phase 1 Closing Date: August 2, 2021 Phase 2 Closing Date: October 4, 2024 Rhoads Industries received $47 million in Philadelphia C-PACE financing from CCG PACE Funding, covering nearly half the costs for the Philadelphia Navy Yard manufacturing facility expansion. Energy efficiency improvements qualified the state-of-the-art industrial fabrication facility to complete large-scale renovations…

Solar Powers 21-Unit Affordable Housing Development

Renewable Energy, Residents + Communities, Solarize Greater Philadelphia

Project Overview Habitat for Humanity Philadelphia turned to Solarize Philly for guidance on their first multifamily new-construction project in Philadelphia — and Habitat’s first in the city to include solar photovoltaic (PV) energy. Solarize Philly installer Exact Solar completed the 17.6-kW system, reducing homeowner electricity costs by as much as 75 percent. $1,000 Annual electricity…

“Total Eléctrico” Results in Health Benefits, Cost Savings

Built to Last, Residents + Communities

Project Overview After seven years without a functional heating system, Lesbia Cardenales worked through Built to Last to coordinate renovations across three programs, addressing mold contamination, broken plumbing, and a leaking roof. These repairs qualified Ms. Cardenlaes for a mini-split heat pump and water heater upgrade, among other renovations. $2,000 Annual electricity savings $1,500 Annual…