Today’s announcement by President Obama will help advance PACE (Property Assessed Clean Energy) as an energy efficiency financing strategy for homes. We look forward to learning more in the coming weeks and helping to develop working FHA guidelines. PACE provides a huge opportunity for the country to advance efficiency and renewables, and PACENow, representing PACE market participants nationwide stands ready to help”. David Gabrielson, Executive Director, PACENow
The White House announcement could be read in full here.