What is PACE Financing and Is It Doomed?
Construction Law Monitor
SEPTEMBER 27, 2010
Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages). CA Sues FHFA Over Efficiency Program (environmentalleader.com). The value of these loans can be between $10,000 and $100,000, and sometimes more. cleanenergywonk.com).
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