Podcast: The PACE Program - What Changes May Be Coming Soon? - Diagnosing Health Care
Currently available in approximately 40 states and the District of Columbia, the U.S. Department of Energy’s Commercial Property Assessed Clean Energy (C-PACE) is a locally administered financing program that provides...more
Commercial Property Assessed Clean Energy Financing, or C-PACE Financing, is an innovative financing mechanism that enables commercial property owners to fund energy-efficient, renewable energy, and water conservation...more
The CFPB proposed a rule establishing consumer protections for residents securing Property Assessed Clean Energy (PACE) loans, which are typically utilized by homeowners to cover clean energy home improvement costs such as...more
Bricker & Eckler LLP congratulates Greater Cincinnati Energy Alliance (GCEA) on a record-breaking year in Property Assessed Clean Energy (PACE) financing transactions. In 2019, GCEA has closed 24 PACE loans valued at nearly...more
Homeowners in Summit, Franklin and Lucas Counties will soon have access to low-interest loans for energy efficiency improvements through property assessed clean energy (PACE) financing. In Summit County, the City of Barberton...more
Question: Borrower has requested the consent of lender with respect to the following: (1) the construction and installation of a new solar system to be installed on the roof at the collateral property to provide electricity...more
“PACE” – Is it the new buzzword? Lately, it seems I keep hearing about securitizations backed by PACE financings. What is a PACE financing program, and what is happening in the securitization market?...more
The U.S. Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA) issued Mortgagee Letter 2016-11, which specifically permits properties encumbered with a Property Assessed Clean Energy...more
The Federal Housing Administration (FHA) has announced guidance intended to clarify circumstances under which residential properties encumbered by a Property Assessed Clean Energy (PACE) special assessment would be eligible...more
On August 24, President Obama directed the Federal Housing Administration (FHA) to allow homeowners to purchase and refinance properties with Property Assessed Clean Energy (PACE) loans when those loans are subordinated to an...more