First U.S. Property Assessed Clean Energy (PACE) Financing For Affordable Multifamily Housing

WASHINGTON, June 27, 2013 /PRNewswire/ — Urban Atlantic announced today that its affiliate company Urban Energy Advisors, the Program Manager for the Washington, DC PACE Commercial Program, has completed the Property Assessed Clean Energy (PACE) financing for an affordable 139-unit multifamily building in the District of Columbia. Read More …

Stories of PACE Successes Across the Country

Stories of successful PACE projects are appearing in many communities across the U.S. In Minnesota, the latest is an account of the experience of  Rick Murphy, the owner of Grandview Tire and Auto in Edina, who in cooperation with local Read More …

Lenders Support Commercial PACE

PACENow has released the results of a Lender Support Study conducted in 2012, which surveyed national, regional and local mortgage lenders whose interests in buildings could be affected by PACE financings. PACE programs in Washington, D.C., Los Angeles, and San Francisco Read More …

“Shared Services” Program Overcomes Hurdles to PACE

Lean and Green Michigan, a public-private partnership assembled by Andrew Levin (son of U.S. Representative Sander Levin, and former director of the Michigan Department of Labor and Economic Growth), has signed up Ingham County and the Detroit suburb of Southfield Read More …

DOE Publishes “Updates from the Field”

The U.S. Department of Energy has just released “Commercial PACE: Updates from the Field & New Resources for Design and Implementation,” based on experiences in California, Connecticut, and Minnesota. According to DOE, The property-assessed clean energy (PACE) model is a new, Read More …

Cincinnati Endorses PACE Program

On March 8, 2013, the City of Cincinnati, OH passed a motion “that the administration establish a Property Assessed Clean Energy (PACE) financing program for renewable energy and energy efficiency investments in Cincinnati.” This was part of an initiative adopting Read More …

Commercial PACE Gains Ground in Many States

States continue to introduce commercial PACE programs: This is taken from: PACENow_Book-for-Building-Owners1

PACE Market Overview Paper Released

According to PACENow: As of February 2013, there were 16 commercial PACE programs accepting applications to finance building efficiency projects. Most of these have been active for less than a year, and some are just now completing their first projects. Read More …