What is PACE Financing and Is It Doomed?
Construction Law Monitor
SEPTEMBER 27, 2010
Started in the green revolution’s holy land, Berkley, California, PACE financing is shorthand for Property-Assessed Clean Energy Financing ( Wikipedia entry ). 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). Think Again.
Let's personalize your content