Green Building Law Update

SEPTEMBER 11, 2016

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent to a PACE loan is required. Maryland is typical.

Baltimore 120

Baltimore Maryland Finance Residential 120

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. While Sonoma County was an early innovator, Connecticut has a widely admired statewide PACE program that is up and running.

Lien 120

Lien Finance Commercial DC 120

Buisness Facilities Contributed Content

APRIL 15, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The Alabama Innovation Fund supports and operates two (2) distinct programs. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. They are: The Renewal Program.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. ALASKA GROWTH CAPITAL: Provides financing to nontraditional borrowers/businesses that use innovative technology, are in rural Alaska and are minority-owned. CONNECTICUT.

Income 75

Income Finance Zoning Equipment 75