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ESG Disclosure Simplification Act Passes Committee But Will Fail

Green Building Law Update

The Bill if enacted would also create a new permanent Sustainable Finance Advisory Committee that must within 180 days of first meeting submit to the SEC “recommendations about what ESG metrics” the SEC should require be disclosed. But again, there is no realistic scenario under which this becomes law. The failure of H.R.4329,

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How COP27 Impacts Real Estate: Pricing Real Estate Climate Risk

Stok

Transition risks go beyond physical risk of climate change and include rising costs due to pricing-in of carbon emissions (through carbon taxes and pricing schemes), market effects, technological disruptions, legal liabilities, energy efficiency, and other regulations and reputational risks.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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Pennsylvania Incentives and Workforce Development Guide

Business Facilities

Pennsylvania Capital Access Program (PennCAP): PennCAP is a loan guarantee program that provides banks with a flexible and non-bureaucratic tool to make business loans that are somewhat riskier than conventional bank loans, in a manner consistent with safe and sound bank regulations. The maximum guarantee is $500,000.

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Not So Wild A Dream

Buisness Facilities Contributed Content

The practice of this imprecise art and science is a gaze into the future—how things could be, how things should be—with a goal that we may have and sustain a good and productive life in our community, but also that our children might be afforded the same or even greater opportunities if that is their choice.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

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. Commercial PACE programs are still very new.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Renewable Energy Fund : Provides grants, loans and other financing options to renewable energy projects with the potential to make electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors of Rhode Island’s economy.