GreenFinanceSF for Commercial Property Owners Launches

BOMA San Francisco Members:

As part of San Francisco's effort to drive environmental and economic innovation, Mayor Ed Lee and San Francisco Department of the Environment Director Melanie Nutter launched a groundbreaking program to encourage businesses to undertake climate-friendly building improvements and attract significant new capital to pay for them.

The GreenFinanceSF Commercial program is a Property Assessed Clean Energy (PACE) program designed to give commercial property owners a new form of financing for the installation of energy efficiency, renewable energy, and water conservation improvements.

The program strives to help commercial property owners reduce operating costs, improve occupant health and comfort, enhance building value, and mitigate environmental impact as well as to provide financial institutions with very secure collateral to facilitate project financing at attractive rates.

GreenFinanceSF will accept financing proposals from property owners on a rolling basis with the expectation that all qualified applications will be approved. 

For more information on GreenFinanceSF or to apply, please visit www.GreenFinanceSF.org. If you have specific questions, feel free to send an email to contact@greenfinancesf.org, or call 415-937-7223.