Tag Archives: PACE

The California Roots of PACE Financing

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The ECOreport recently published an excellent story on the rise, fall and rise again of PACE programs. Property-assessed-clean-energy or PACE got it’s start in Berkeley, California when the then mayor’s Chief of Staff, Cisco DeVries, put the pieces together for the idea in 2007. PACE is a special tax assessment to help finance solar or other […]

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PACE Shows Signs of Life

Communities and homeowners have more reason to be optimistic about solar financing. In the summer of 2010, the Federal Housing Financial Authority (FHFA), which is the regulatory arm of mortgage giants Fannie Mae and Freddie Mac, unilaterally wiped out PACE financing programs that were just gaining fruition in communities (sometimes state-wide) across the country. With the […]

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Are PACE Programs The Best Way To Pay For Solar

There has been quite a bit of press lately about Property Assessed Clean Energy (PACE) programs for solar energy installations.  For those who do not have equity in their homes and therefore can not get a “secured” loan, a PACE loan is often a better way to go than an unsecured loan.  PACE loans are at around 9% […]

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