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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. Draft new and improved attorney prepared loan documents that work to ‘sell’ PACE. In 2008 I said Property Assessed Clean Energy (PACE) loans “ could be bigger than anything in U.S. So, what is wrong?

Maryland 136
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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Under this July 19, 2014 guidance in the event of a default on a residential property PACE loan, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens. PACE programs are good for the planet and good for improving the housing stock.

Finance 120
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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. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability.

Income 108
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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

Jerry Brown fired the two state regulators who had overseen a 70 percent decline in state drilling permits since 2008, a notable turnaround for a state leader who in his first stint as governor in the 1970s pioneered many of California’s landmark environmental protection statutes. Last year, CA Gov. Barstow Community Hospital Project.