Home Run Financing FAQ - Home Run Financing

What types of projects are eligible with Home Run PACE Funding?

Home Run PACE Funding can be used for renewable energy projects, projects that improve energy efficiency, and home hardening improvements related to hurricanes, earthquakes, and wildfires. Eligible projects include HVAC, new roofs, windows and doors, solar installations and more. In California, water efficiency projects may also be eligible.

How does Home Run PACE Funding work?

Home Run PACE Funding is an innovative way for homeowners to pay for upgrades to their homes. Financing is available up to $200,000, for certain types of home improvement projects including those related to reducing energy and water use, and protecting the home from natural disasters and extreme weather events. Homeowners pay back the financing as part of their yearly property tax bill. Qualification for PACE is based on the equity in the home and homeowner income, not on credit scores, so the financing does not show up as debt on the owners’ credit report. Home Run Financing offers a quick application and quick approvals. Flexible repayment terms range from 5 to 30 years, depending on the expected life of installed equipment and local statutory or municipal requirements. The property does not have to be owner-occupied, meaning an owner can also finance money-saving upgrades to rental properties.

In what states can homeowners access this financing?

Home Run PACE Funding is currently available in California and Florida.

How can homeowners learn more?

Homeowners are invited to visit our website to read about financing options, what types of projects are covered, and how to apply. People can also call our bilingual English-Spanish hotline at 800-231-6991.

How can contractors partner with Home Run Financing?

Contractors can go directly to our contractors page to find more information and get started.