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Category: News

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

PACENation responds to the August 15, 2017 Wall Street Journal story, “More Borrowers Are Defaulting on Their ‘Green’ PACE Loans”

PACENation responds to the August 15, 2017 Wall Street Journal story, “More Borrowers Are Defaulting on Their ‘Green’ PACE Loans”

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Residential PACE has been the best financing solution for the roughly 160,000 homeowners who have used it for energy, water, and safety related projects that they wanted or needed to make; projects that made their homes more comfortable, healthier, safer, less expensive to heat and

CleanFund launches in Colorado, bringing a new source of direct capital for commercial clean energy projects across the state

CleanFund launches in Colorado, bringing a new source of direct capital for commercial clean energy projects across the state

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Source: CleanFund. SAN FRANCISCO, CA — CleanFund Commercial PACE Capital, Inc. (www.CleanFund.com), the leading direct provider of commercial Property Assessed Clean Energy (“C-PACE”) financing, announced today that they have completed their first transaction in Colorado, opening up a new source of capital to finance energy efficiency,

PACE Funding Group, LLC. Announces a New Partnership with the Western Riverside Council of Governments (WRCOG) Expanding its Footprint into Fourteen Cities in Western Riverside County

PACE Funding Group, LLC. Announces a New Partnership with the Western Riverside Council of Governments (WRCOG) Expanding its Footprint into Fourteen Cities in Western Riverside County

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Source: PACE Funding. LOS GATOS, Calif., Aug. 15, 2017 /PRNewswire/ — On Monday, August 7, 2017, the Executive Committee of the Western Riverside Council of Governments (WRCOG) approved a partnership with PACE Funding Group, LLC., a leading provider of residential Property Assessed Clean Energy (PACE) financing in the State