A recent post by Katherine Tweed in Greentech Media reports the results of a study intended to determine if having a PACE Assessment on the property adversely affects the existing mortgage lender. Here are a couple of excerpts (read the Read More …
“In just two years, we’ve seen the first securitization of C-PACE transactions in the country and allocated more than $65 million of capital,” says Connecticut Green Bank President Bryan Garcia. Bridgeport News (March 13, 2015): Two years after it was Read More …
Press Release (last updated: Thursday, September 4, 2014) “The opportunity is for Atlantic City’s major property owners to save significant amounts of money on ever-increasing energy costs – while creating jobs and reducing carbon pollution. New Jersey PACE, a 501(c)(3), Read More …
Atlantic City is in the midst of its worst ever economic crisis. With three of its major casinos closing, resulting in the loss of more than 7,500 jobs; with a 29% property tax hike; and a huge decline in the Read More …
Two industrial buildings in Fresno, CA upgraded their outdated mechanical equipment using PACE financing. They received a 10 HP Air Compressor and a 60 Ton Chiller Replacement and were able to maintain their business operations without interruption. A local contractor Read More …
Connecticut PACE program completes its first project (July 2013). The first C-PACE project, in Norwalk, Connecticut — The family-owned shopping plaza on Westport Avenue received exterior LED lighting, resulting in reduction of 158,000 pounds in greenhouse gas emissions, an annual electricity savings of 152,200 Read More …