This Chicago PACE case study details the use of C-PACE financing to support the energy efficiency goals of Los Angeles-based Amped Kitchens' recent development in Chicago as well as the economic development role played by the financial tool and Amped in the Belmont-Cragin neighborhood. Amped co-founders Mott Smith and Brian Albert are joined by Michele Pitale, M.D. of Counterpointe Sustainable Real Estate and Chicago PACE's Adam Moskowitz to discuss how $4.6 million in C-PACE financing complemented a capital stack that included New Markets Tax Credit investments made available to projects that support job growth in underserved communities. To learn more about Amped kitchens, please visit ampedkitchens.com/chicago.
