Project Application

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Commercial property owners in Fayetteville, Springdale and/or Pulaski County: Start the process of obtaining PACE financing for your building’s energy efficiency, renewable energy and/or water conservation upgrades.

If you haven’t already done so, look over Eligible Projects and consult with an energy auditor or contractor to confirm the project’s feasibility, estimated cost and payback period in energy cost savings. Remember that you have up to 20 years to pay the PACE loan with your property taxes, making it more affordable for business owners.

Project Application Instructions:

Download and print the Project Application form found here (link to the left). Include the $100 application fee, payable by check to Advance Arkansas PACE, Inc. Mail your completed application form and payment to:

Advance Arkansas PACE
124 W. Capitol Ave. Suite 1750
Little Rock, AR 72201
Phone: 501.537.0190

Advance Arkansas PACE Project Fees

Advance Arkansas PACE seeks to develop and administer PACE districts for all viable PACE markets in Arkansas while keeping administration costs at a minimum through program efficiencies and economies of scale. Fees are subject to change by the Advance Arkansas PACE board subject to market conditions.

Application Fee Annual/Monthly Fees Interest Rate Residual Administrator Fee Closing Fee
$100 N/A N/A Less than $500K – 1.25%
$500K – $1 Million – 1%
$1 Million or More – .5%
$50K Max Fee

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About Advance Arkansas PACE

The Advance Arkansas PACE energy financing program offers property owners the opportunity to save money on energy costs and make their buildings more valuable.