PACE Training event complete, now the real work begins
The Advancing Clean Energy at the Local Level event took place on Friday, July 16. It was a training event on how to implement effective PACE (Property Assessed Clean Energy) programs in Missouri. Setting up a PACE program is a long process and the event gave a head start to all who attended. They now have people and resources at their disposal to make their program a success.
The event had over 80 attendees ranging from contractors and bankers to mayors and city planners. In total, 17 counties and 15 cities were represented, clearly showing that PACE is a program people are excited about.
Since Gov. Nixon signed H.B. 1692 on July 12, with special praise for the PACE legislation, municipalities are eager to set up their own programs. PACE will create jobs, decrease carbon emissions, and improve the cash flow of participants.
However, the FHFA (Federal Housing and Finance Administration) still stands in the way of residential PACE's success. Fannie Mae and Freddie Mac issued a letter in May that effectively shut down residential PACE programs. That decision is currently being fought hard with lawsuits from California and legislation introduced by Michael Thompson to protect PACE (H.R. 5766). You can learn more about the fight for PACE and help to ensure that it gets back on track by taking action here...
The event had over 80 attendees ranging from contractors and bankers to mayors and city planners. In total, 17 counties and 15 cities were represented, clearly showing that PACE is a program people are excited about.
Since Gov. Nixon signed H.B. 1692 on July 12, with special praise for the PACE legislation, municipalities are eager to set up their own programs. PACE will create jobs, decrease carbon emissions, and improve the cash flow of participants.
However, the FHFA (Federal Housing and Finance Administration) still stands in the way of residential PACE's success. Fannie Mae and Freddie Mac issued a letter in May that effectively shut down residential PACE programs. That decision is currently being fought hard with lawsuits from California and legislation introduced by Michael Thompson to protect PACE (H.R. 5766). You can learn more about the fight for PACE and help to ensure that it gets back on track by taking action here...
PACE Training Presentation Materials
Click the highlighted speakers below to download their presentation from the PACE Training event on July 16.
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