In November 2009,the New York State Legislature passed Property Assessed Clean Energy (PACE) legislation.
As of November 23, 2009, the bill had not been signed by the Governor, although he has indicated his support for it. The legislation allows municipalities to establish a PACE program in order...
A previous blog entitled
"What's a PACE bond? And why do New York homeowners want
to know?" addressed New York PACE legislation. That legislation has been
number of other states have passed PACE laws in recent years. A key
component of a PACE lien...
By Emerson M. Lotzia Property Assessed Clean Energy (PACE)
legislation has been enacted in 27 states and the District of Columbia
and will offer significant opportunities for owners of commercial
facilities (e.g., office, retail, and industrial) (Owners), PACE lenders
and bondholders (Program...
There is a continuing controversy over Property Assessed
Clean Energy (PACE) financing, which provides loans for improving energy
efficiency in buildings. After describing PACE programs and discussing why
their future is threatened, J. Cullen Howe reviews recent litigation that could
affect the status...