California’s Reserve Fund Won’t Lift the FHFA Boot From PACE’s Neck

Date: 15 Jul 2014 | posted in: Energy, Energy Self Reliant States | 2 Facebooktwitterredditmail

Earlier this year, the state of California announced a $10 million loan-loss reserve to solve the Federal Housing Finance Agency’s severe restrictions on using property-tax based financing for energy efficiency and renewable energy on residential property. It’s a great concept, but evidence from on of California’s best property assessed clean energy (PACE) programs suggests the reserve should … Read More