Anti-PACE bills could inflict serious wounds - panel

Property Assessed Clean Energy (PACE) industry experts warned that anti-PACE bills introduced by congressional lawmakers this month could "inflict serious wounds" on a multi-billion dollar industry if passed in their current form.

  • By Sasha Padbidri
  • 19 Apr 2017

The Protecting Americans from Credit Exploitation act was introduced earlier this month to push for residential PACE to be subjected to residential mortgage regulations like the Truth in Lending Act (TILA). 

PACE loans finance energy efficiency upgrades for residential and commercial properties, and are treated as tax assessments, with ...

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