Archive for posts tagged ‘PACE’

Planning Organizations Could Manage Regional PACE Programs

Texas Governor Rick Perry recently signed new PACE enabling legislation into law.  S.B. 385 overhauls existing statutes that authorized PACE in Texas but never gave rise to any actual PACE programs. Municipalities and counties can now enter into PACE contractual assessments for water and energy efficiency improvements with owners of real property.  (For more background on PACE… Full Story

Ninth Circuit Rules Against PACE Proponents; Texas Bill Shows Way Forward

Back in December, we blogged about PACE litigation and predicted that the sole court that sided with challengers to a federal rule limiting PACE-financing on residential real estate – the Northern District of California – would be overturned.  This week, the Ninth Circuit did just that, snuffing any short-term hopes that may have remained for broad-scale PACE… Full Story