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The EuroPACE Project Pillars

Pillar 1: Assess market readiness

The EuroPACE partners conducted a preliminary legal and fiscal analysis of the EU28 countries, seeking to identify the most suitable legal and fiscal set-up and aiming to identify the highest potential demand for EuroPACE implementation.

Pillar 2: Launch home renovation program in Spain

HolaDomus program was launched in Olot, Spain in early 2020. HolaDomus is the first eco-sustainable home renovation program combining affordable financing, technical assistance and smart funding in one place. HolaDomus also supports vulnerable groups by combining grants, subsidies with affordable financing.

Pillar 3: Engage with Leader Cities

Expanding its reach throughout Europe, EuroPACE has identified a number of Leader Cities to join the project. Lisbon (Portugal, via E-NOVA), Porto (Portugal, via AdEPorto), Valencia (Spain) and Mouscron (Belgium) have come on board and are actively exploring ways to set up the EuroPACE mechanism and adapt the One-Stop-Shop structure and affordable financing in their respective areas.

Our Home Renovation Formula

Technical Assistance

Supporting customers throughout their renovation journey is key; EuroPACE ensures targeted advice and coordination for homeowners, as well as contractor training and verification+.

Affordable Financing

The project ensures the availability of affordable, long-term financing accessible to all homeowners. EuroPACE loans are long-term, which results in affordable monthly installments.

Smart Funding

EuroPACE is aimed at making the renewable energy transition equitable and affordable for all via de-risking solutions set up to provide broader access to financing.

What makes EuroPACE Unique?

  1. People-centric support. Removing barriers to home renovation by delivering a citizen-ready solution, from application to project completion.
  2. Aligned with the goals of the cities. Supporting cities in reaching the 2050 carbon neutrality with no additional public debt.
  3. Leveraging private funding. Mobilizing private financing for public good; offering affordable financing for sustainable home renovations.

Innovative Financing

EuroPACE project's goal is to provide affordable financing to homeowners. This can be achieved by lowering the risk of non-payment and thus obtaining long-term, low-cost capital from investors. The project is exploring options for linking the financing to a property and working with public authorities to ensure a secure repayment and collection mechanism.

Floyd B. Hollman
Floyd B. Hollman Author at EuroPACE 2020

Floyd B. Hollman is a passionate and experienced writer. His extensive background in writing ensures that every piece he creates is both informative and captivating, making complex subjects accessible to a wide audience.

Kenneth C. Bailey
Kenneth C. Bailey Editor at EuroPACE 2020

Kenneth C. Bailey is a skilled and meticulous editor. With a keen eye for detail and a deep commitment to excellence, Kenneth ensures that every piece of content meets the highest standards of quality. His extensive experience in editing allows him to refine and enhance articles, making them clear, accurate, and engaging for our readers.