Monthly Archives: January 2011

Gulfport, FL moves closer to PACE Commercial

January 23, 2011

After nearly two hours of discussion the Gulfport City Council approved the first reading of the PACE Ordinance 4 to 1.

My Desert on Palm Desert PACE Conference

January 17, 2011

Energy-conference-set-for-March…..When the Federal Housing Finance Agency issued a letter last July slapping strong restrictions on affordable financing programs for energy efficiency, such as Palm Desert’s, it was widely viewed as a death knell for the programs, which have spread from the Coachella Valley to 22 states across the nation.  But now, a city-sponsored conference, set for March 3-4 at UC Riverside’s Palm Desert campus, aims to rally national support for clean energy financing programs and map out new strategies for either circumventing or ending the federal stranglehold.

Palm Desert sponsors PACE Conference

January 17, 2011

The City of Palm Desert, CA is hosting a PACE conference March 3rd and 4th at the University of California at Riverside’s Palm Desert Campus.  Palm Desert’s PACE program was adversely effected by the FHFA July 6th ruling that has stopped PACE residential programs.  The City is also a party to lawsuits filed in Federal Court in Oakland, CA along with the State’s Attorney General, Sonoma County, Placer County, and the Sierra Club.

The conference is being organized by EcoMotion, and participants include law and investment banking firms, financial and program advisory firms, federal, state and local officials, representatives from other PACE programs, and PACENow.

Fresno, CA Adopts PACE Commercial

January 15, 2011

From the January 13, 2011 Fresno Bee

Fresno council OKs energy district

The Fresno City Council on Thursday approved the formation of a citywide energy and water efficiency contractual assessment district to help businesses finance energy-efficiency and renewable-energy projects.

The council also approved participation in the Pacific Housing and Finance Agency’s California Property Assessed Clean Energy (PACE) program. The city has been working with the statewide joint powers authority to implement a commercial PACE financing program to help commercial and industrial property owners finance energy-efficient and renewable-energy projects.

City funds will not be at risk, the staff report stated.

Read more: http://www.fresnobee.com/2011/01/13/2232274/local-briefs-home-invasion-arrest.html#ixzz1B8bIotXF

The Fiscal Times on PACE

January 13, 2011

Housing Crisis Stalls Energy Efficient Home Loans – Adam Aston reports on the FHFA roadblock to residential PACE programs…

Solar Industry Magazine on PACE

January 13, 2011

After the FHFA Fallout, What Happens Next with PACE Finance?

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Congresswoman Nan Hayworth (R-NY)

“PACE programs allow homeowners to make energy-saving modifications on their houses through a voluntary assessment on their property, at no cost to local taxpayers. Our bill facilitates participation by homeowners in states with PACE programs, which will promote conservation, energy savings and job creation.”

Congressman Dan Lungren (R-CA)

“My colleagues and I are fighting for a common sense program that would both increase the value of homes involved and help create jobs in our region. The time is now, more than ever to pass legislation that will accomplish this goal.”

Congressman Mike Thompson (D-CA)

“PACE promotes energy efficiency in ways that are good for our country, economy, and environment, saving property owners money by lowering energy costs and more importantly, creating jobs without taxes or government subsidies. Congresswoman Hayworth, Congressman Lungren, and I are committed to protecting PACE for the future.”

Mayor Jerry Sanders (R-San Diego)

“I am honored to be one of our nation’s first Mayors to support PACE. San Diego plans to derive strong long term advantages through PACE programs and we urge the rest of our nation, on a bipartisan basis, to join us.”

Gov Bill Ritter (D-CO)

“PACE is already creating economic opportunity, energy savings, and environmental benefits through the retrofit of residential and commercial building stock.”

Mayor Michael Bloomberg (I-NYC)

“A New York City PACE program providing property owners with the upfront capital to make energy efficiency retrofits will create jobs and reduce energy costs for residents and businesses.”

Gov Arnold Schwarzenegger (R-CA)

“With PACE, we are providing homeowners and business owners with powerful tools to take control of their energy use and create jobs at the same time”

Adam Hasner (R-FL)

“PACE provides a no-cost to taxpayers, no-mandate, consumer opt-in approach to bringing clean energy technology to homeowners and businesses. PACE will help create jobs for Floridians at a critical time when we are working to get Florida’s economy back on track.” Adam Hasner led passage of Florida's PACE legislation as Majority Leader of the State House of Representatives