Green Building Law Update

Environmental Law and Sustainability for Business

Tag Archives: PACE

PACE Bill Due in Baltimore City

By Stuart Kaplow on Posted in City, Energy, Green Building, Sustainability
A public hearing is scheduled tomorrow on a Property Assessed Clean Energy (PACE) loan program ordinance in Baltimore City. I have been quoted saying that PACE “could be bigger than anything in U.S. real estate since the invention of the glass window.” PACE loan programs, where payments for energy efficiency, water conservation and renewable energy … Continue Reading

HUD Jumpstarts PACE Financing for Homes

By Stuart Kaplow on Posted in Codes and Regulations, Energy, Federal, Green Building, Local Government, State, Sustainability
Last week the U.S. Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. With the guidance, PACE financing, where payments for energy efficiency, water conservation and renewable energy improvements to real estate are made through … Continue Reading

PACE Programs are Stepping Up the Pace

By Stuart Kaplow on Posted in Codes and Regulations, Environmental, Green Building, Sustainability
Property assessed clean energy (PACE) programs, where payments for energy efficiency, water conservation and renewable energy improvements to commercial real estate are made through a building owner’s property tax bill are beginning to hit their stride. PACE state enabling statutes generally authorize local governments to work with private sector lenders to provide upfront low interest … Continue Reading

White House, Agency Spar Over PACE Program

By Chris Cheatham on Posted in Codes and Regulations, Federal
A nation-wide Property-Assessed Clean-Energy (PACE) bond program has been proposed, but not without its critics.   As you may recall, PACE bonds are a new financing mechanism that can be used to retrofit homes and commercial buildings, or install renewable energy: "PACE is a bond where the proceeds are lent to commercial and residential property … Continue Reading

D.C. Keeps PACE To Support Energy Efficient Homes

By Chris Cheatham on Posted in City, Codes and Regulations
Do you remember Property Assessed Clean Energy (PACE) bonds? If you recall, in a June 2009 post, I proclaimed my undying affection for PACE bonds, which can serve as a financing mechanism to retrofit homes and buildings: “PACE is a bond where the proceeds are lent to commercial and residential property owners to finance energy … Continue Reading

Green Building Guide to Waxman-Markey

By Chris Cheatham on Posted in Codes and Regulations, Federal
[Today’s post is a collaborative effort with Shari Shapiro highlighting green building provisions in the Waxman-Markey bill. You didn’t think I was going to read through a thousand page bill all by myself, did you? I have also made the article available as a white paper for download since it is a bit long.] Green … Continue Reading

A Green Building Breakup

By Chris Cheatham on Posted in City, Codes and Regulations, State
Dear Feebate, I’m sorry to be writing this.  First, I have to say, it’s not you, it’s me. You have done nothing wrong. I remember when we met back at Greenbuild ’08. The Portland officials were very eager to show you off and I fell for you hard. You were everything I dreamed of in … Continue Reading
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