CleanFund Commercial PACE
Good (B-) — Insolar Honesty Grade
CleanFund is a commercial-only PACE administrator acquired by Nuveen (TIAA subsidiary) in 2021. The commercial-only focus means CleanFund does not operate in the higher-risk residential PACE category. Institutional-grade compliance under Nuveen ownership. Limited consumer-protection relevance since they do not finance residential systems.
Where this grade comes from
Public-record events
- No residential PACE operations
- No active state AG enforcement actions
- Nuveen / TIAA institutional compliance
- Commercial PACE statutes apply
/ Best for
Commercial property owners (not residential) considering PACE financing for commercial solar or efficiency projects.
/ Watch out for
Not a residential option. Homeowners should evaluate conventional solar loans or residential PACE administrators (with full understanding of residential PACE risks).
Have direct evidence of an issue with CleanFund Commercial PACE?
Report a new regulatory filing, court ruling, complaint pattern, or sales-practice issue. Verified submissions feed the next quarterly Honesty Index refresh. We only accept reports backed by documentation (filing numbers, screenshots, contracts).