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100,000 Homes Improved With Renovate America’s PACE Financing

Source: Renovate America Energy- and water-saving improvements financed through HERO have created more than 20,000 jobs, and are on track to save homeowners billions on utility bills.  SAN DIEGO, July 10, 2017 – Renovate America, a leading U.S. provider of home-improvement financing, announced today that more than 100,000 homeowners have improved their homes with projects saving energy and

D.C. PACE Funds $25 Million for Efficiency and Solar at D.C. United Stadium

Source: Office of Mayor Muriel Bowser (WASHINGTON, DC) – Today, Mayor Bowser and DC United announced a $25 million private clean energy financing deal for the installation of state-of-the-art energy and water efficiency measures, an 884 KW solar array, and stormwater retention systems at DC United’s 20,000-seat Audi Field soccer stadium. The measures are being funded

Renovate America adding income review to PACE underwriting

Source: American Banker Building on existing underwriting policies and consumer disclosures, Renovate America will add income review to its underwriting toolbox. Read an except from the article below: Patrick Moore, Renovate America’s newly appointed chief lending officer, told Asset Securitization Report that borrower income data will be used in underwriting both PACE loans and an

PACENation is hiring a Director of Events

Position: Director of Events Location: New York Status: Full-time; Exempt   Position Summary PACENation is the leading research and advocacy project of New Venture Fund, promoting Property Assessed Clean Energy (PACE) financing. PACE is a simple and effective way to finance energy efficiency, renewable energy, and water conservation upgrades to buildings. PACENation promotes PACE by providing

PACENation Statement on Los Angeles Times’ coverage of Property Assessed Clean Energy (June 4th and 5th), by reporter Andrew Khouri

The LA Times has done a well-researched piece on the work of PACE providers and government entities to strengthen one of the most successful policy ideas to deploy energy efficiency and renewable energy into American homes — strengthening our clean energy economy and residential infrastructure – and to expand access to credit for homeowners to

Largest-ever PACE Transaction Closed at $40 Million

 CleanFund, Petros and Renew Financial collaborate to provide critical seismic improvements to Seton Medical Center DALY CITY, CA (May 23, 2017) – Today, CleanFund Commercial PACE Capital, Petros PACE Finance, and Renew Financial completed funding for $40 million of seismic upgrades to the Seton Medical Center, owned by Verity Health Systems, in Daly City, CA.

Coalition of environmental groups urge Congress to save PACE

A coalition of supporters, organized by Brightline Defense and including Build It Green, CalSEIA, Climate Action Campaign, the Center for Sustainable Energy, Cleantech San Diego, California Energy Storage Alliance, and Vote Solar have sent a letter to congress urging action on proposed legislation that would kill PACE financing, one of America’s most effective means of financing energy-efficiency

NAR Says Benefit of Solar Panels Outweighs Extra Financing Steps

In a recent blog post, the National Association of Realtors (NAR) highlights the benefits of properties with solar panels, especially for Realtors, and encourages Realtors to learn about the options available for property transactions with PACE assessments. PACE utilizes private capital to provide upfront financing for project costs such as the installation of solar panels

Council of Development Finance Agencies (CDFA) Shows Support for PACE

Read CDFA’s letter in opposition to S.838, the “PACE” Act of 2017, below: To: Senate Committee on Banking, Housing, and Urban Affairs From: Toby Rittner, President & CEO Council of Development Finance Agencies 100 E. Broad Street, Suite 1200 Columbus, OH 43215 [email protected] Re: Opposition to S. 838, the “PACE” Act of 2017 Senators Cotton

Statement by PACENation Executive Director David Gabrielson on Anti-PACE Legislation Being Introduced in Congress

Property Assessed Clean Energy (PACE) financing empowers state and local governments to meet important public policy objectives and boost local employment at no cost to public budgets. PACE supporters are deeply concerned by the incendiary attacks leveled against this innovative and successful policy today from some on Capitol Hill. Observers should look beyond the inflammatory