The Carbon PACE Bond works like a typical PACE bond but offers a greater incentive to invest in clean energy and energy efficiency. This is because the interest for PACE bonds is funded by a modest $8/tonne carbon tax (at least to start). As a
Today’s webinar “Commercial PACE Updates from the Field & New Resources for Program Design & Implementation” hosted by the Department of Energy highlighted a number of template materials useful for those operating and starting PACE programs around the country. PACE Program Administration Templates: DOE Clean
UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT issued an opinion stating that the FHFA ‘s decision to cease purchasing mortgages on PACE-encumbered properties is a lawful exercise of its statutory authority as conservator of Freddie Mac and Fannie Mae. Read full decision.
Five area businesses will soon kick off projects that will help reduce energy expenses and boost property values, thanks to the City of Ann Arbor’s Property Assessed Clean Energy (PACE) program. Energy-efficient lighting, high-efficiency heating and cooling systems, upgraded cooking equipment, roof and wall insulation,
PACENow is happy to become the newest ally supporter of Environmental Defense Fund’s Investor Confidence Project! The Investor Confidence Project is enabling a market for investment quality energy efficiency projects, by reducing transaction costs and engineering overhead, while increasing the reliability and consistency of savings.
Two years after council first approved creating a Commercial PACE Ordinance, city leaders unanimously agreed on a third party administrator to run the program. EcoCity Partners will provide services for the design, implementation and administration of theCommercial Property Assessed Clean Energy(PACE) program in Gulfport. Amy Elliot with EcoCity
A San Diego approved financing entity aimed at helping commercial property owners install energy-saving up-grades is close to issuing new bonds to fund a slew of projects this year. Mahesh Shah, chief executive of Figtree Energy Resource Co., said the company is close to issuing
Southbury has opted into a state-wide program called Commercial and Industrial Property Assessed Clean Energy (C-PACE), which allows commercial, industrial and multi-family property owners to access upfront funding for all energy improvement costs and to repay that investment through a benefit assessment charge on their
On February 27, 2013, the Federal Housing Finance Agency filed a motion to extend the deadline for issuance of its final rule until September 16, 2013. To learn more about the FHFA’s rulemaking process, click here. To learn more about residential PACE, click here.
PACE Bills Introduced Spring 2013: This spring 4 more states have introduced PACE enabling bills. Arizona: HB 2584 Arkansas: Senate Bill Texas: S.B.385 Utah: S.B 221 To send a letter and voice your support for PACE-enabling legislation in Utah, please, click here.
