Located in fast-growing Rockwall County, just 30 miles northeast of Downtown Dallas, the City of Fate is one of North Texas’ dynamic, fastest-growing communities. Known for its family-friendly atmosphere, strong school system and commitment to smart growth, Fate offers a strategic location along Interstate 30 that continues to attract new residents, businesses and investment. With a population of approximately 29,000, the city is poised for continued expansion while maintaining its small-town charm and community focus.
On November 10, 2025, Fate City Council approved the creation of a Commercial Property Assessed Clean Energy (C-PACE) program and selected Lone Star PACE as program administrator. C-PACE gives local developers and property owners access to an innovative financing mechanism that supports long-term investment in energy efficiency, water conservation, and renewable energy systems, helping to drive sustainable growth and economic vitality throughout the community.
Why C-PACE?
- Long-term, institutional-grade financing that can fill up to 35% of the capital stack for new construction projects or up to 100% for acquisition rehab.
- Flexible terms and competitive rates tailored for commercial real estate projects
- Reduced energy and water usage that improve a building’s value and performance
Developers in the city of Fate can contact Lone Star PACE to explore eligibility criteria and determine next steps. For examples of successful C-PACE-funded projects across Texas, visit our Projects page.