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Article filed under Energy, Energy Self-Reliant States

Fannie Mae and Freddie Mac Won’t Allow PACE liens

| Written by John Farrell | No Comments | Updated on Jul 2, 2010 The content that follows was originally published on the Institute for Local Self-Reliance website at
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Fannie Mae and Freddie Mac have told federal regulators and plan to release additional guidance indicating that the senior lien status of PACE liens is not acceptable.  This declaration comes despite recent articles highlighting the minimal impact of PACE liens on the lenders’ balance sheets, White House and DOE support for the program, and the 23 states who have enabled Property Assessed Clean Energy Financing (see image).

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About John Farrell

John Farrell directs the Energy Self-Reliant States and Communities program at the Institute for Local Self-Reliance and he focuses on energy policy developments that best expand the benefits of local ownership and dispersed generation of renewable energy. More

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