News

Philadelphia Update of Commercial Building Energy Code Coming in 2025

Written by Scott Doig, PEA Summer 2024 Intern and Senior at Oberlin College The Philadelphia C-PACE (Commercial Property Assessed Clean Energy) program requires that new construction and gut rehab projects exceed the minimum energy efficiency code requirements established by Philadelphia’s building energy code. The current code is International Energy Conservation Code (IECC) 2018. Beginning in […]

Archive Development and PACE Loan Group Close $10.6MM deal, bringing Philadelphia C-PACE projects to $208MM total in only 4 years.

C-PACE was used to finance the construction of 114-unit multifamily property in the Fishtown neighborhood near the Market-Frankford “El” expanding on the number of transit-oriented developments in the area. On July 31, 2024, PACE Loan Group (PLG) closed a $10.6 million C-PACE loan with 1440 FRONT LLC to complete the capital stack for the new construction […]

SOLARIZE PHILLY PROGRAM HAS TRIPLED IN SIZE FOLLOWING THE PASSAGE OF THE INFLATION REDUCTION ACT

3,300 Households Have Gone Solar With Solarize Philly, Representing $64MM In Investment In Our Local Clean Energy Economy, Further Expansion on the Horizon Visit to Habitat for Humanity Philadelphia’s first rooftop solar project exemplifies the cost-saving, climate change-fighting clean energy projects supported by the IRA Announcement kicks off sixth annual Solar Week in Philadelphia Contacts: […]

Built to Last, Philadelphia’s Whole-Home Repair Program, Earns EPA’s Coveted ENERGY STAR Designation

Philadelphia, PA — Today, the U.S. Environmental Protection Agency (EPA) announced the designation of “ENERGY STAR Home Upgrade Service Provider” to Philadelphia’s Whole Home Repair program, Built to Last, run by the Philadelphia Energy Authority (PEA). Built to Last brings together Philadelphia’s home repair, energy conservation, and healthy homes programs into a coordinated service package […]

Philadelphia’s Black Development Community Goes Green

On Friday, April 26, the Philadelphia Energy Authority, the Impact Development Roundtable (IDR), an initiative of the Urban Affairs Coalition (UAC), and the African American Real Estate Professionals Philadelphia (AAREP-PHL) hosted an inspiring event. Philadelphia’s Black Development Community Goes Green featured seven esteemed panelists and welcomed over 120 guests for an open and impactful conversation […]