A. Final_Letter to Sen. LeMieux_PACE Funding B. Final Letter to Sen. Lugar_PACE Funding_Aug_2010 C. Final Letter to Senator Brown_PACE Funding D. Final_Letter to Senator Gregg_PACE_August_2010 E. Final Letter to Sen. Voinovich_PACE Funding
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Why isn’t the Obama team trying harder to save the promising PACE clean-energy model? Mortgage giants Fannie Mae and Freddie Mac have essentially quashed Property Assessed Clean Energy (PACE) programs, which have been launched in local communities around the U.S. to make green improvements more affordable to homeowners. The Obama administration has taken modest...
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I commend Sonoma County for its leadership and continued commitment to innovative energy efficiency programs that benefit the community and the environment (“Sonoma fights feds to save home energy loans,” July 29). Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/08/03/ED8Q1EMM3U.DTL#ixzz0wFMJXMbk
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Early this month, the Federal Housing Finance Agency took PACE to task for a lack of performance and underwriting standards. The fear was that PACE financing is too unproven to be given priority over mortgage loans. Because the agency regulates government mortgage giants Fannie Mae and Freddie Mac, its words carry big clout. As...
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UPDATE: Please click the link below to see the slides from the webinar: http://www.icleiusa.org/blog/archive/2010/07/29/pace-webinar-takeaway-keep-up-the-pressure-on-feds PACE Update - Tuesday, July 27th from 2:00 to 3:00 pm EST. Please join ICLEI USA to find out the latest developments in the fight to Save PACE financing and to learn how you can get involved. The webinar will: describe Property...
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During Florida‘s 2010 legislative session, Republicans andDemocrats in Tallahassee joined together to authorize a new kind of financing program for energy retrofits on residential and commercial properties. Called Property Assessed Clean Energy — or PACE — these are city and county-run programs that enable property owners to invest in new energy technologies without taxpayer subsidies. More than...
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by JOHN MCCHESNEY A White House-backed program that allows property owners to pay for energy improvements like solar panels or efficient furnaces through an additional assessment to their property taxes may soon be shut down. Listen to the full story from Morning Edition here: http://www.npr.org/templates/player/mediaPlayer.html?action=1&t=1&islist=false&id=128700648&m=128839387
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Robert Selna, Chronicle Staff Writer Thursday, July 29, 2010 Renee Hyde, an insurance agent who lives in Sonoma County, could not afford to have solar panels installed on her home until a local program provided $30,000 and allowed her to repay the funds gradually through her property taxes. Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/07/29/MNBH1EK5HM.DTL#ixzz0vSrkb4ju
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Sens. Barbara Boxer (D-Calif.), Jeff Merkley (D-Ore.), Kirsten Gillibrand (D-N.Y.), and Mark Begich (D-Alaska) introduced a bill Thursday that would put Property Assessed Clean Energy (PACE) programs back in action over Fannie Mae and Freddie Mac’s objections. Based on the Senate’s less-than-speedy performance in recent years, it’s not likely to pass anytime soon. Read the full story...
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Property Assessed Clean Energy is an innovative program that helps local communities by creating green jobs and reducing energy consumption. PACE enables homeowners in Maryland and 21 other states to make energy efficiency and renewable energy improvements, such as solar panels and weatherization retrofits, and to pay for the cost over time through their...
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