VeloCity Apartments
Verona
PACE is an innovative program that enables property owners to obtain low-cost, long-term loans for energy efficiency, renewable energy, and water conservation improvements.
Projects financed using PACE, or Property Assessed Clean Energy, can generate positive cash flow upon completion with no up-front, out-of-pocket cost to property owners—eliminating the financial barriers that typically prevent investment in revitalizing aging properties. The term of a PACE Financing may extend up to the useful life of the improvement, which may be as high as 20 years or more, and can result in cost savings that exceed the amount of the PACE Financing. The result is improved business profitability, an increase in property value, and enhanced sustainability.
PACE Financing is sourced from an open lending market and secured through a voluntary PACE Special Charge, repaid directly to the lender. Like property taxes, PACE Financings may be transferred to the next property owner if the property is sold. The remaining balance of the PACE Financing is repaid by the subsequent owner, who continues to receive the benefits of the improvements from the project. Eligible commercial properties include multifamily buildings of five units or more, as well as industrial, non-profit, agriculture, and hospitality properties.
PACE Wisconsin authorizes municipalities and counties to work with private sector lenders to provide upfront financing to property owners for qualified projects. PACE Financing repayment is secured through a voluntary special charge repaid directly to the lender.
Legal authority for PACE in the State of Wisconsin
PACE financings are authorized in the State of Wisconsin pursuant to Section 66.0627(8), (the "PACE Statute"). The PACE Statute enables "political subdivisions" (counties, cities, towns, and villages) to impose a special charge on real property to secure loans made for energy efficiency, water conservation, and renewable energy improvements.
Wisconsin PACE Commission: A unified approach
Creating a PACE program from the ground up can be time consuming and resource-intensive. That’s why—with the support of the Wisconsin Counties Association, the League of Wisconsin Municipalities, and Green Tier Legacy Communities—Wisconsin local governments established the Wisconsin PACE Commission (the "Commission"), which offers an efficient and cost-effective option to collectively administer a uniform PACE program in Wisconsin entitled "PACE Wisconsin."
The Joint Exercise of Powers Agreement
Wisconsin counties and municipalities utilized their joint exercise of powers authority under Wisconsin Statute § 66.0301 to form the Commission. Under the terms of a Joint Exercise of Powers Agreement (the "JPA"), County members agree to adopt a Model PACE Ordinance (see below), and to delegate to the Commission the ability to impose PACE special charges according to a single, uniform PACE program operated in the Commission members' jurisdiction. Municipal members (cities, villages, and towns) join the Commission, participate in its governance, and agree to support the Commission.
The Model Ordinance
County members agree to adopt a Model PACE Ordinance as a condition of joining the Commission. Among other powers, this ordinance authorizes the County to impose a PACE special charge, collect payments for the special charge in installments, place those installments on the tax roll at its discretion, and delegate that authority to the Commission.
Each Member Community delegated to the PACE Commission the power to administer PACE Wisconsin in their jurisdictions. PACE Wisconsin is administered by the Program Administrator, who is responsible for handling day-to-day PACE Financing application reviews and approvals, as well as payment collections in certain Member Communities on behalf of the PACE Commission.
PACE Wisconsin is an efficient statewide solution to deliver the benefits of PACE Financing here in Wisconsin in a cost-effective manner. The program offers an open-market solution for building owners and promotes economic development in Wisconsin communities. The benefits of PACE Wisconsin are available to building owners located in member communities. Any Wisconsin local unit of government may elect to become members of the PACE Commission pursuant to the terms of the JPA.
Verona
Madison
Madison
Madison, WI—PACE Wisconsin celebrates its 100th C-PACE finance project with the latest commercial property assessed clean energy (C-PACE) closing. The Reserve Student Apartments, located close to UW Stevens Point, Wisconsin …
PACE Used as Key Part of Capital Stack for New Construction
After five years of spearheading PACE Wisconsin’s governing body, Wisconsin PACE Commission, Allen Buechel, Board Chairman, stepped down from his post. Although former Chairman Buechel is stepping down as Chair, …
EFS PACE, a service of Slipstream's Energy Finance Solutions (EFS), is Program Administrator for the Wisconsin PACE Commission. EFS PACE serves as a single point of access statewide for property owners, Member Communities, contractors, and lenders to qualify projects for PACE Financing. The Program Administrator maintains and enforces comprehensive program guidelines to ensure each PACE project meets the requirements of the Wisconsin PACE Statute, the PACE Ordinance, and the Program Manual, and certifies that repayments occur according to contract.

Founded in 1980, Slipstream is a mission-based non-profit organization that champions innovative energy efficiency initiatives that deliver short-and long-term economic and environmental benefits to consumers, businesses, and policy makers. EFS provides financing program consultation, design, and delivery services in support of energy efficiency improvements. Through partnerships with utilities, contractors, and other agencies, EFS offers simple, affordable solutions to financing energy efficiency improvements.
Wisconsin counties and municipalities utilized their joint exercise of powers authority under Wisconsin Statute § 66.0301, to form the Wisconsin PACE Commission.
Wisconsin PACE Commission is governed by the following directors:
Chair
Patrick Miles
Supervisor
Dane County, WI
Vice Chair
Brett Rondeau
Supervisor
Bayfield County, WI
Secretary
Jim Braughler
Supervisor
Jefferson County, WI
Treasurer
Tom Wegner
Supervisor
Sheboygan County, WI
Director
Clark Schroeder
County Administrator
Ashland County, WI
Director
Peter Olson
Supervisor
Barron County, WI
Director
Troy Streckenbach
County Executive
Brown County, WI
Director
Todd Romenesko
County Administrator
Calumet County, WI
Director
Donald Hauser
Supervisor
Chippewa County, WI
Director
Ed Benter
Supervisor
Dodge County, WI
Director
Jeff Berres
Supervisor
Dodge County, WI
Director
David Enigl
Supervisor
Door County, WI
Director
Charlie Glazman
Supervisor
Douglas County WI
Director
Thomas Quinn
Supervisor
Dunn County, WI
Director
James Dunning
Supervisor
Eau Claire County, WI
Director
Allen Buechel
County Executive
Fond du Lac County, WI
Director
Bruce Paull
Supervisor
Iowa County, WI
Director
Jim Kreuser
County Executive
Kenosha County, WI
Director
Hanz Breitenmoser
Supervisor
Lincoln County, WI
Director
Bob Ziegelbauer
County Executive
Manitowoc County, WI
Director
Jennifer Bizzotto
Supervisor
Marathon County, WI
Director
Rick Polzin
Supervisor
Marinette County, WI
Director
Sheldon Wasserman
Supervisor
Milwaukee County, WI
Director
Dave Hintz
County Board Chair
Oneida County, WI
Director
Nadine Miller
Supervisor
Outagamie County, WI
Director
David Larson
County Board Supervisor
Ozaukee County, WI
Director
Robert Kopisch
Supervisor
Price County, WI
Director
Melissa Kaprelian-Becker
Supervisor
Racine County, WI
Director
Mary Mawhinney
Supervisor
Rock County, WI
Director
Stacy Hessel
Supervisor
Sawyer County, WI
Director
Arlyn Tober
Board Member
Shawano County, WI
Director
Ken Witt
County Administrator
St Croix County, WI
Director
Mary Rae
Supervisor
Vernon County, WI
Director
Stephen Smith
Supervisor
Washburn County, WI
Director
Don Kriefall
1st Vice Chair
Washington County, WI
Director
Tom Dondlinger
Supervisor
Waukesha County, WI
Director
Duwayne Federwitz
Supervisor
Waupaca County, WI
Director
Jon Doemel
County Executive
Winnebago County, WI
Director
Adam Fischer
1st Vice Chair
Wood County, WI
Nominee Director
Ned Noel
Member
Green Tier Legacy
Nominee Director
Curt Witynski
Assistant Director
League of Wisconsin Municipalities
Legal Counsel
Andrew Guzikowski
Attorney
von Briesen and Roper, s.c.
Legal Counsel
Andrew Phillips
Attorney
von Briesen and Roper, s.c.
The Wisconsin Green Tier Legacy Communities (GTLC), the Wisconsin Counties Association (WCA), the League of Wisconsin Municipalities (LWM), and the Wisconsin State Energy Office work collectively to continually seek new and innovative ways to improve Wisconsin communities.
This partnership identified the Wisconsin PACE Commission as an opportunity to create a competitive advantage for Wisconsin communities to stimulate investment. The Commission invites local governments, businesses, and property owners to participate in this exciting new opportunity to make Wisconsin’s built environment and communities more economically and environmentally sustainable.