PACE Loans “Nothing Like Subprime Mortgages”

The Wall Street Journal recently published a story, picked up by dozens of other websites — with the ridiculously-sensationalist title, “America’s Fastest-Growing Loan Category Has Eerie Echoes of Subprime Crisis” — claiming that PACE loans are, in the words of the Read More …

Dec 15 Webinar to Present the Future of PACE — and What’s Possible Now

More than 140 people attended today’s webinar. We’ll post a link to the recording shortly. PACE, which stands for Property Assessed Clean Energy, represents a multi-billion dollar opportunity for New Jersey. New Jersey already has PACE legislation, but with deficiencies Read More …

“PACE Doesn’t Put Lenders at Risk,” Study Says

A recent post by Katherine Tweed in Greentech Media reports the results of a study intended to determine if having a PACE Assessment on the property adversely affects the existing mortgage lender. Here are a couple of excerpts (read the Read More …

Understanding the Conditional Veto of PACE in NJ

The following is the text of a public statement being distributed by NJPACE at this week’s NJ State League of Municipalities Convention in Atlantic City. You can download the PDF here. For the past three years, New Jersey PACE, a Read More …

Understanding the Conditional Veto Language

As you may have read, the Governor issued a Conditional Veto of the PACE bill (A2579) on Nov. 9, limiting the program to a “pilot” with a maximum of ten towns, and excluding any town that has received Transitional Aid or other Read More …

Business Leaders Urge Gov. Christie to Sign PACE Bill

Further to a broad email campaign by various nonprofit organizations, several key industry leaders have called or written to the Governor, asking him to sign the PACE bill (A2579/S1510), which has been on his desk since June 25. Here’s one Read More …