Apply for Project Financing

Financing Alternatives for Commercial Clean Energy & Resiliency Improvements

2018 Regenerative Financing Program

New Inter-Creditor Clean Energy (NICCE) Financing and

Deed-registered Resiliency and Energy Efficiency Measures (DREEM)

Scroll down to complete the pre-application form if you’re already familiar with the terms of these programs.

Or use this link for a Solar Project Express Application
Through an arrangement with one of the country’s top social impact funds, we have an opportunity to finance a number of clean energy and resiliency projects this year, using an innovative technique that provides 100% financing for up to 25 years. Property owners will realize a positive cashflow immediately upon completion of their projects, without having to lay out any upfront costs.

These projects can be major retrofits, conservation projects, microgrids, cogeneration, solar, biomass, and other technologies.  We invite you to submit project proposals that would meet the usual eligibility and performance criteria. (See also Additional Financing Conditions.)

Our goal is to push the transition to clean energy and project resiliency as rapidly as possible, in the state and in the region. Initially we are looking for a small number of projects in the $1-5 million range, including but not limited to low-and-moderate income areas. These do not necessarily need to be in New Jersey. Smaller projects may also be submitted, since we’re also speaking with other interested lenders.

If you’re familiar with PACE, you will recognize that many features of this program are PACE-like. This is intentional. The initial goal of the program is to jumpstart PACE in New Jersey (and elsewhere where PACE is not currently available). The projects need to be PACE-eligible, and the agreement with the property owner will include an option for the investor to convert the financing to a Special Assessment when and if PACE becomes available — although we believe it’s unlikely many will actually be converted if the new approach is successful.

We achieve these PACE-like features through an Intercreditor Agreement that makes the obligation to repay the clean energy and resiliency investment one that remains with the land, is non-acceleratable, and takes precedence over the existing mortgage only for past due payments. The mortgage holder retains all of their other rights, and in fact benefits by having a more valuable collateral asset, and a property owner with lower energy costs. This is a win-win-win outcome, similar to that created by PACE, and it actually has fewer legal complications, because it requires no state legislation or municipal approval.

This is a pilot program, but may be extended if it proves attractive to both property owners and investors. If you have an eligible project, please complete the form below; or if you can refer us to someone who does, please contact Jonathan Cloud at jcloud@regenerativefinancing.org today.

See Eligibility Requirements & Additional Financing Conditions



Regenerative Financing Project Pre-Application

The purpose of this Initial Application is to allow a property owner or a contractor to apply for Program financing. Many contractors and property owners find an initial pre-approval useful to ensure their property and proposed project qualify for Program financing prior to the investment of substantial time or staff resources for project development. If the contractor or owner does not wish to obtain pre-approval both the Initial Application and the Final Application can be submitted at the same time.


The Program will review this Initial Application and determine if Program eligibility requirements are met. If so, the contractor and/or owner will be issued an Initial Reservation for participation in the Program. Failure to meet Program deadlines (or to obtain extensions to deadlines) for preparation of the Final Application will result in a cancellation of the Conditional Reservation.


Please provide us with the basic information needed to establish the financial requirements, time frame, rough outline of proposed measures, estimated savings/benefits for the proposed measures, and any special conditions. Contact us with any questions, at info@regenerativefinancing.org or 908-581-8418.


Please provide a cell phone or direct line






Give your project a descriptive name, starting with the building name (if any).






Facility Information













If you have not already done so, we strongly encourage you to enter your building in Energy Star Portfolio Manager for benchmarking purposes. This is a requirement for all properties to receive project financing and energy performance monitoring.





Property Owner Contact Information






For multi-use properties, check all that apply:





Project Details










Enter separate values on each line




For a list of eligible measures, please see http://regenerativefinancing.org/financing/eligible-measures/ 


Property Financial Information











                                    NOTE: Most projects require mortgage lender consent






RegenerativeFinancing.org is a project of Possible Planet, a 501(c)(3) Nonprofit.

Possible Planet is the umbrella nonprofit for New Jersey PACE, NICCE, DREEM, and the Center for Regenerative Community Solutions (CRCS).
More at PossiblePlanet.org