Get to Know Texas PACE Authority (TPA)
Texas PACE Authority (TPA) is a nonprofit organized under Section 501(c)(3) of the Internal Revenue Code. TPA was established exclusively to operate PACE programs for local governments across Texas, and now administers PACE programs for 90 Texas cities and counties. In providing this outsourced governmental function, TPA offers the highest levels of service, transparency, and ethics at the lowest cost possible. TPAadministers PACE programs at no cost to local governments - TPA-administered PACE programs are revenue neutral to each local government it serves. As of July 2023 TPA facilitated the cumulative investment of over $400 million through PACE financing across Texas.
When businesses and nonprofit organizations make energy and water saving improvements to commercial, industrial, and multifamily properties, they not only reduce operating costs and increase property value, but they also contribute economic and environmental benefits to their communities, and help make these communities more resilient, healthy, and sustainable.