Mike

PACE Guidance from HUD/FHA is an Important Step Forward

PACENation applauds and strongly supports guidance for residential PACE issued today by the U.S. Department of Housing and Urban Development (HUD). The guidance clearly shows the Obama Administration’s strong commitment to Property Assessed Clean Energy financing, a bipartisan initiative adopted by 18 states thus far that encourages home owners to make energy efficiency and renewable

IRS says PACE interest falls under mortgage deductibility guidelines

The IRS June 20, 2016 update on deductible taxes includes language that clarifies an issue which has been a source of confusion and disagreement among many in the PACE community: whether or not all or a portion of a property owner’s PACE payment may be deducted from one’s income tax. The IRS finds that subject

HERO Program Partners with Missouri Clean Energy District to Offer Residential PACE in Kansas City Area

Renovate America and the Missouri Clean Energy District partner to give home improvement contractors new tools for their customers to finance energy-efficient upgrades KANSAS CITY, Mo., July 5, 2016 /PRNewswire/ — Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing in the U.S., and the Missouri Clean Energy District (MCED) today

Largest PACE Bond Securitization Completed by Renovate America

Seventh Securitization of PACE Bonds by Renovate America Totals $305.3 Million; Brings Company’s Total of Widely Marketed PACE Green Bonds to $1.35 Billion SAN DIEGO, June 6, 2016 /PRNewswire/ — Renovate America, the largest provider of residential Property Assessed Clean Energy (PACE) financing in the U.S., announced the closing of its seventh securitization of PACE bonds

Petros PACE Finance, LLC Announces Property Assessed Clean Energy (PACE) Financing for Iconic First National Bank Building in St. Paul, Minn

AUSTIN, Texas – May 25, 2016 – PRLog — Petros PACE Finance of Austin, Texas announced today that they have closed PACE financing (Property Assessed Clean Energy) for environmentally-friendly upgrades to St. Paul, Minn.’s most recognized commercial property: the more than 80-year-old First National Bank Building. The high rise complex is owned by Minnesota-based Madison

R.I. Infrastructure Bank Launches Commercial PACE Program

FOR IMMEDIATE RELEASE: May 13, 2016 CONTACT: Kevin Tente 401.831.1200 R.I. Infrastructure Bank Launches Commercial PACE Program — West Warwick first to opt-in to new energy efficiency financing program PROVIDENCE, RI (May 2016) – The Rhode Island Infrastructure Bank (RIIB) today announced the launch of an initiative that will allow commercial and industrial property owners to

PACE for Nonprofit-owned Buildings: Cutting Energy Costs to Serve Communities

By Bracken Hendricks, Urban Ingenuity & Mark Thielking, EnergizeNY Every day nonprofit community-based institutions work hard to raise money and deliver mission-driven programs and services. Whether providing affordable housing for the homeless, assisting at-risk youth in gaining job skills in public charter schools, or ministering to the conscience of a community in houses of worship,

Hanover, NH Adopts C-PACE at Annual Town Meeting

Hanover, NH – New Hampshire’s Commercial Property Assessed Clean Energy (C-PACE) Finance Program is ready to help commercial building owners finance energy efficiency and renewable energy projects now that Hanover is leading the way. As the first New Hampshire municipality to adopt RSA 53-F, Hanover established the entire town as an Energy Efficiency and Clean

PACENation Releases Consumer Protection Policies for Residential PACE Market

Today, PACENation has released Consumer Protection Policies for the residential property assessed clean energy (PACE) programs. These policies (CPP V1) provide the strongest protections for homeowners using PACE or any other type of financing who want to invest in clean energy and water efficiency upgrades to their properties. They address a homeowner’s eligibility for financing and