TEST APPLICATION

Property Ownership Name (Business/Entity/Individual)*

DBA (if applicable)

Building Square Footage (if applicable)

Ownership Type*

Property Type*

Property Address*

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code

Primary Borrower Contact Information*

First Last

Phone*

Email*

Primary Borrower Address (if different from above)

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

How many additional borrowers do you want to add to this application?*

All Parcels Owned by Primary Borrower (Parcel ID #s)*

Parcel 1

Parcel 2

Parcel 3

Parcel 4

Parcel 5

Use the + button to add more parcels.

Borrower 2

First Last

All Parcels Owned by Borrower 2 (Parcel ID #s)

Parcel 1

Parcel 2

Parcel 3

Parcel 4

Use the + button to add more parcels.

Borrower 3

First Last

All Parcels Owned by Borrower 3 (Parcel ID#s)

Parcel 1

Parcel 2

Parcel 3

Parcel 4

Use the + button to add more parcels.

Borrower 4

First Last

Parcels Owned by Borrower 4 (Parcel ID#s)

Parcel 1

Parcel 2

Parcel 3

Parcel 4

Use the + button to add more parcels.

Mortgage Lender*

Outstanding Mortgage Balance*

Please Upload a Mortgage Statement

Max. file size: 64 MB.

Please Select the Most Accurate Statement.*

Mortgage Lender Address

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code

Finance Amount*

Finance Term (Years)*

Use of Funds*

Please select all that apply.

Project Stage

Utility Company*

Account Number

Utility Company Name

Contractor List*

Contractor Name

Phone

Please include all contractors you will be working with on this project. Use the + button to add more.

# Construction Jobs Created

# Jobs Created

# Jobs Retained

Individual Applicant*

Address*

Street Address City State / Province / Region ZIP / Postal Code

Today's Date

Consent*

I certify that the information contained in this form has been carefully reviewed and that it is true and correct in all respects. I understand that this information will be shared with MinnPACE, a division of the Saint Paul Port Authority, and its Successors for the purpose of obtaining credit. It is true and correct in every detail and fairly shows my financial condition at this time. MinnPACE and its Successors are authorized to check my credit and employment history or any other information provided.

Signature*

Is there a Co-Borrower?*

Co-Borrower Name

Address

Street Address City State / Province / Region ZIP / Postal Code

Eligibility Requirements*

The Property Assessed Clean Energy Program ("PACE OF MN") administered by the Saint Paul Port Authority (the "Port Authority") provides a financing mechanism for the installation of energy efficiency and conservation improvements that are permanently fixed to eligible properties ("Improvements"). The undersigned applicant(s) hereby submits the following application for financing and petition for special assessments in accordance with Minnesota Statutes Section 216C.435 and 216C.436, Chapter 429 and the PACE OF MN.

Applicant(s) is/are legal owner of the property described in the Application (the "Property").

Property Owner is current on all mortgage(s). All lenders have signed the Lender Acknowledgement form for PACE OF MN Financing.

Property Owner is not in bankruptcy and the property is not an asset in a bankruptcy proceeding.

There are no federal or state income tax liens, judgement liens, or similar involuntary liens on the Property.

Applicant(s) has/have provided all requested financial information to the Port Authority.

Improvement costs are reasonable for the scope of the proposed improvements and in relation to Property value.

Requested Financing Amount does not exceed the lesser of 20 percent of the Property Market Value or the actual cost of installing the Improvements, including the cost of necessary equipment, materials, and labor, the cost of energy audit or renewable energy feasibility study, and the cost of verification of installation, less the value of expected rebates.

Term of financing requested does not exceed the weighted average of the useful life of the Improvements.

Applicant(s) has/have obtained an energy audit or renewable energy feasibility study on the Property.

Date of Birth

Today's Date

Consent

Signature

Energy Audit or Renewable Energy Feasibility Study

Drop files here or

Max. file size: 64 MB.

NEXT STEPS: A confirmation email will be sent with a link to the forms that must be notarized with application signatures as well as the Lender Acknowledgement Form.

Comments

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2023 Updated Application