PACE Loans “Nothing Like Subprime Mortgages”

The Wall Street Journal recently published a story, picked up by dozens of other websites — with the ridiculously-sensationalist title, “America’s Fastest-Growing Loan Category Has Eerie Echoes of Subprime Crisis” — claiming that PACE loans are, in the words of the Read More …

Update on PACE Legislation in New Jersey

A number of organizations, including the new Coalition for PACE in New Jersey and ourselves, have been involved in working with the state legislature to craft a new law that will address the Governor’s concerns — as stated in last year’s Read More …

NJPACE gets Award at ISE 10th Anniversary Celebration

New Jersey PACE received an award for innovation in funding clean energy and resiliency projects at the 10th Anniversary Celebration of Fairleigh Dickinson’s Institute for Sustainable Enterprise (ISE) on April 7, 2016. We’re happy that many folks were about to join Read More …

Launching a Coalition for PACE in New Jersey

In the wake of Governor Christie’s conditional veto of A2579/S1510, the action we’re taking is to initiate a coalition of key players to: (a) resolve any issues standing in the way of a new, comprehensive, and workable bill — acceptable Read More …

Dec 15 Webinar to Present the Future of PACE — and What’s Possible Now

More than 140 people attended today’s webinar. We’ll post a link to the recording shortly. PACE, which stands for Property Assessed Clean Energy, represents a multi-billion dollar opportunity for New Jersey. New Jersey already has PACE legislation, but with deficiencies Read More …

“PACE Doesn’t Put Lenders at Risk,” Study Says

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 …

Understanding the Conditional Veto of PACE in NJ

The following is the text of a public statement being distributed by NJPACE at this week’s NJ State League of Municipalities Convention in Atlantic City. You can download the PDF here. For the past three years, New Jersey PACE, a Read More …

Understanding the Conditional Veto Language

As you may have read, the Governor issued a Conditional Veto of the PACE bill (A2579) on Nov. 9, limiting the program to a “pilot” with a maximum of ten towns, and excluding any town that has received Transitional Aid or other Read More …