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PACE in the City of Fate

The City of Fate is one of the fastest-growing communities in Rockwall County, located along the U.S. 66 corridor northeast of Dallas. With a population of roughly 28,000 residents and steady annual growth, Fate has evolved from a small farming town into a thriving suburb, with an economy anchored by new residential development, retail, professional services and small business activity tied to the greater Dallas-Fort Worth market.

In November 2025, the City of Fate authorized the use of Commercial Property Assessed Clean Energy (C-PACE) financing and selected Lone Star PACE as the program administrator. This means developers and property owners throughout Fate now have access to a powerful financing tool that supports long-term investment in energy efficiency, water conservation, resiliency improvements and renewable energy systems.

Are you planning a new development, renovation, expansion or retrofit project in Fate? With C-PACE, Lone Star PACE can help you incorporate sustainable improvements while strengthening your capital stack.

Why C-PACE?

  • Long-term, institutional-grade financing that can fund up to 35% of a project’s capital stack.
  • Flexible terms and competitive rates tailored for commercial real estate, industrial, agricultural, and nonprofit projects.
  • Reduced energy and water usage that can improve operating performance and asset value.

Contact Lone Star PACE today to explore eligibility requirements and determine next steps for your project in the City of Fate.

For examples of successful C-PACE-funded projects across Texas, visit our Projects page.