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PACE in Maryland is Not Keeping Pace

Green Building Law Update

But today, despite Maryland having enacted a PACE enabling law in 2014, only one PACE loan has closed in the State. In 2008 I said Property Assessed Clean Energy (PACE) loans “ could be bigger than anything in U.S. real estate since the invention of the glass window.”. By any measure, one is not an overwhelming success. So, what is wrong?

Maryland 136
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State by State Incentives Guide

Buisness Facilities Contributed Content

ALABAMA - updated for 2014. To receive an abatement for property taxes, a project must meet certain qualifications and follow certain procedures, as determined by law and regulation. ALASKA – updated for 2014. A comprehensive guide to state incentives offered throughout the U.S. Pollution control equipment.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The increase is to occur in equal increments over a four year period, between 2014 and 2017. percent, between 2014 and 2017. Additional improvements to the program include expanded company eligibility and beginning in 2014 elimination of capital gains tax on income derived from investments in companies certified by the ACA.

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