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Author: PACENation

New Analysis Shows Residential PACE Delinquency Rates Lower Than Those of Comparable Homeowners

New Analysis Shows Residential PACE Delinquency Rates Lower Than Those of Comparable Homeowners

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PACENation welcomes new DBRS report showing “strong performance with very low delinquency levels.” Today, credit rating agency DBRS released the first comprehensive analysis of residential PACE (R-PACE) delinquency rates that combines data across multiple years and PACE providers. Using data on R-PACE assessments over four

RMI: FHA Should Reconsider their About Face—About PACE

RMI: FHA Should Reconsider their About Face—About PACE

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Source: Rocky Mountain Institute (By Jacob Corvidae and Martha Campbell) Last week, the Federal Housing Administration (FHA) announced it will stop insuring new mortgages on homes with property assessed clean energy (PACE) loans. As to what motivated its decision—according to its letter to the U.S. Department of Housing and Urban Development—the FHA is

Arlington First in Virginia with New Financing Tool for Sustainable Buildings

Arlington First in Virginia with New Financing Tool for Sustainable Buildings

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Source: Arlington County Arlington County will pioneer Virginia’s first Commercial-Property Assessed Clean Energy (C-PACE) program—a public-private partnership to provide affordable, long-term financing for projects to improve the energy or water efficiency of commercial buildings in the county. Under C-PACE, owners of existing buildings will be

Public and Private Experts in Financing Clean Energy Improvements Gather in Washington, D.C. for First Ever Mid-Atlantic PACE Alliance Conference

Public and Private Experts in Financing Clean Energy Improvements Gather in Washington, D.C. for First Ever Mid-Atlantic PACE Alliance Conference

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Stakeholders from Maryland, Virginia and Washington D.C. to address ways to accelerate financing commercial energy improvements with minimal to no upfront costs Washington, D.C. (November 9, 2017) – Businesses looking for ways to make clean energy improvements can get all of their questions answered at

PACENation Thanks Governor Brown for Signing into Law Model PACE Legislation

PACENation Thanks Governor Brown for Signing into Law Model PACE Legislation

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Consumer Protection Framework Provides Model for Other States PACENation applauded California Governor Jerry Brown for signing into law landmark legislation, AB 1284 and SB 242, that strengthens residential PACE financing through a comprehensive consumer protection and regulatory framework. The bills, which passed with overwhelming bi-partisan

Nation’s First Rated Commercial PACE Securitization Completed by Greenworks Lending

Nation’s First Rated Commercial PACE Securitization Completed by Greenworks Lending

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Greenworks Lending, a national lender for commercial PACE (C-PACE) projects, announced today it has closed the nation’s first rated securitization of exclusively C-PACE assets. The $75 million issuance was arranged by Guggenheim Securities and TIAA Investments (an affiliate of Nuveen) was the lead investor. Morningstar

California Legislature Approves State Regulation and Enhanced Consumer Protections for Residential PACE

California Legislature Approves State Regulation and Enhanced Consumer Protections for Residential PACE

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The California Legislature has passed two bills that will work in tandem to provide strong consumer protections and a regulatory framework for the state’s residential PACE programs. AB 1284, sponsored by Assembly Member Matt Dababneh, and SB 242, sponsored by Senator Nancy Skinner both passed