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Best PACE Programs for Home–Improvement in Miami

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Renewing or upgrading your home is a great investment right now due to rising prices in the market to purchase a new home. Though people may feel an uneasiness when it comes to continuing to put money into their home's resources, there is much value to be gained from this type of investment. Now here comes the question which many people may be asking, where do you get money to finance a home upgrade? One great option available to homeowners is PACE financing.

What is PACE financing?

PACE stands for Property Assessed Clean Energy and is a financing option for property owners which is approved by the state government. Property owners can upgrade their home or business's energy efficiency, water storage, disaster protection measures, and the structure of the house.

PACE has made people’s lives easier, removed the barriers of high-interest rates, and provided the best services to low interest for property owners or people in business who want to scale their business. More than 61 counties and cities throughout Florida are using PACE financing, including many of the metro areas such as Miami-Dade, Palm Beach, and Broward Counties.

How does PACE Work?

Working with PACE is simple and easy to use. The Florida PACE Funding Agency provides all the details that you need and the types of projects which they fund. Once you understand the guidelines, you can apply for an approval for funds and then go out and find your preferred contractor for the job. Now, you can upgrade your home's resources, and you only have to pay through property taxes. Many other states are implementing PACE to help people. You can save a lot of money while renewing your old home at a very low-interest rate.

Is PACE a loan?

PACE isn't your standard loan in which you are given cash, but it is a way to borrow money for home improvements by increasing your property tax payment. What this means is that the program will find your home improvement projects, and you then repay them through a special assessment that is collected with your property taxes. And while you may not have to put down the cash for these upgrades, just like any property tax lien, you will be required to make those payments or risk losing your home.

Eligibility for PACE?

The main factor in the popularity of PACE relies on the ease of applying for it. There are three factors that determine eligibility of PAGE which are as follows:

  1. Amount of equity in your home
  2. Stability to repay the assessment
  3. Mortgage payment history

After meeting these eligibility requirements, you are now ready to apply for PACE.

Projects qualify for PACE

There are many different home improvement projects which qualify for PACE funding. The following projects are as below:

  • Solar PV heating, solar pool heating, inverters, and solar water heating.
  • Windows & doors, energy-efficient windows, skylights, and energy-efficient doors.
  • Roofing upgrades and replacements, window treatments, awnings, and green roofing.
  • Storm protection upgrades which includes impact windows & doors, storm shutters, wind-resistant roofing, and backup generators.
  • Heating and AC upgrades, heat pumps, and duct cleaning and replacements.

There are other projects which are eligible as well. If you have questions about the eligibility for a project, contact the Florida PACE Funding Agency.

PACE Programs in Florida

PACE is spreading across the United States. Around 37 states had enabled PACE legislation and are continuing to gain traction due to the low-interest options and customer care. PACE had more than 65+ programs such as Counterpoint energy solutions, Renew PACE, Leon county PACE, Solar energy loan fund, Ygrene, Pace Funding, Fortify, Arkansas Advanced Energy Equity Program (A2E2), Commercial PACE Direct (Clean Fund), and many others. The best programs for our Florida customers are:

  • Ygrene
  • FortiFi


There are many PACE programs available in Florida, with Ygrene standing out as one of the best. Ygrene is used for commercial and residential property with a status of funded and active projects. Ygrene is a private program which has won many awards and provides the finance at low-interest rates which are used for upgrade energy efficiency projects, water storage, hurricane protection, electric car charge, and many other sources upgrade.

According to data, people have invested $2 Billion in PACE for local communities. People with low or medium-sized properties or businesses can apply for Ygrene. There are no severe restrictions or rules for low or middle-class property owners.


FortiFi is also one of our top three PACE programs because of its diversity. FortiFi gives its user’s easy approval, versatile payment conditions, with some of the top contractors in the field.

FortiFi provides financing services with zero money down. Eligibility criteria mainly depends on household income, home equity, products worth, and debt payment history. One of FortiFi's top advantages is that they provides fix rates. They demand no payments up to 17 months and offers Finance as much as 20% of your property value.