Program Name: Powering Affordable Clean Energy (PACE) Program
Organization: United States Department of Agriculture – Rural Development
Address: 2118 W. Part Court, Suite A, Champaign, IL 61821
Phone: 217-403-6200
Fax:
TDD:
Email:
Website: https://tinyurl.com/bdh3599h
Briefly Describe the Purpose of the Program
Finances wind, solar, hydropower, geothermal, or biomass renewable energy projects. Energy storage projects related to a renewable energy project are also eligible.
Year Program Established:
Eligibility Requirements or Restrictions
Open to: Corporations, government organizations, Indian Tribes and Alaska Native corporations, utility districts, cooperatives, nonprofits, for-profit corporations and LLCs. At least 50 percent of the population served must live in communities with populations of 20,000 or fewer.

Terms and Conditions: Up to 60 percent of the loan can be forgiven if the project meets certain criteria
Application Deadline: Closed
Application Guidelines:
Funding Cap Per Application or Fiscal Year Program Funding:
How Must Funds Be Used:
You can use PACE funds to finance wind, solar, hydropower, geothermal, or biomass renewable energy projects. Energy storage projects related to a renewable energy project are also eligible.