Galveston County is located on the Texas Gulf Coast southeast of Houston, encompassing Galveston Island, the Bolivar Peninsula and a stretch of mainland along Galveston Bay. Home to more than 372,000 residents, the county’s economy centers on its historic role as a hub of land and sea transportation, anchored by the Port of Galveston, the Port of Texas City, petrochemical manufacturing, healthcare and biomedical research, tourism and commercial fishing.
In January 2019, Galveston County 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 Galveston County 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 Galveston County? 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 Galveston County.
For examples of successful C-PACE-funded projects across Texas, visit our Projects page.