Simon Property Group Arranges a “One-Off” PACE Project in Ohio

In “Southern Park Mall to get $4M for energy efficiency,” Vindy.com reports that The Western Reserve Port Authority has authorized its executive director to finalize terms of a project that will help Southern Park Mall acquire up to $4 million for Read More …

Florida County Moves Forward with Commercial PACE

Recent news regarding PACE shows up a wide divergence of local views regarding such issues as “open-market” vs. exclusive-provider approaches, the inclusion of residential properties, and so on. Here’s one recent example: November 5, 2013: Pinellas County moves forward on PACE Read More …

Current Status of PACE in New Jersey

The NJPACE program is set to launch in the first quarter of 2014. Interested property owners, energy services contractors, lenders, and municipalities should contact us now to take advantage of this game-changing new method of project finance. Here are current Read More …

New Developments in PACE Across the Country

Here are some of the latest news items about PACE around the country (newest to oldest): October 18, 2013: Fayetteville to Become Arkansas’s First Energy Improvement District FAYETTEVILLE, AR (News release) – The Fayetteville City Council unanimously enacted an ordinance Read More …

Rhode Island Introduces New PACE Program

by ANDREW GREENOUGH on Jul 9, 2013 • 11:20 am New England Clean Energy Council Before its adjournment last week, the Rhode Island General Assembly passed a bill promising affordable options for energy efficiency project financing. The Property Assessed Clean 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 …

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 …

National Groups Submit More than 38,000 Comments Supporting Residential PACE

The Center for Leadership in Sustainability, along with numerous other groups across the country, has submitted comments to FHFA opposing their ban on residential PACE programs. As PACENow.org notes, the FHFA’s Notice of Proposed Rule (NPR): Allows Fannie Mae and Read More …

Benefits of a PACE Program

From the Sonoma County PACE Manual, Property Assessed Clean Energy (PACE) Replication Guidance Package for Local Governments (March 2012): Benefits to Commercial Property Owners Potential for lower electric, gas and water utility bills More comfortable buildings Improved indoor air quality Read More …

Successful Experiences with PACE

From the Sonoma County PACE Manual, Property Assessed Clean Energy (PACE) Replication Guidance Package for Local Governments (March 2012): SCEIP was the first countywide PACE program in the State of California and continues to provide both residential and non-residential PACE Read More …