Authorizes local governments in Tennessee to establish and adopt commercial property assessed clean energy and storm resiliency (C-PACER) programs.
Administers CaliforniaFIRST, which provides affordable financing for home upgrades to more than 27 million Californians.
DC’s PACE program is designed to function through the issuance of pooled bonds under the National Capital Energy Fund.
The legislation authorizes municipalities to enter into PACE agreements with property owners, provide financing, and collect PACE assessments to repay the loans.
Vermont authorized PACE financing in 2009 with House Bill 446. There is currently no program operating.
A New York State not-for-profit established specifically to increase the demand for energy efficiency and renewable energy building upgrades.
California operates a loan loss reserve for PACE loans generated in-state.
Covers program scope and eligibility, consumer and lender protections, public recording and disclosure, incentives and direct assistance, and more.
Would have amended the Truth in Lending Act to extend that Act's requirements to real property retrofit loans.
PACE Nation is national non-profit organization that works to expand access to Property Assessed Clean Energy financing. They maintain a national database of PACE programs around the country.