Green Building Law Update

JANUARY 24, 2016

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. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Green Building Law Update

SEPTEMBER 11, 2016

Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g., providing opportunities to separately finance the top 20% of a construction project or.), Commercial PACE programs are still very new.

Baltimore 120

Baltimore Maryland Finance Residential 120

Buisness Facilities Contributed Content

MARCH 8, 2016

State Water Commission funds, not exceeding $20,000 per borrower, may be used to supplement Ag PACE funds for the purchase of irrigation equipment on new irrigated acreage. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. The guarantee fee is.5%

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. Proceeds can be used for working capital, equipment and real property or refinancing. Terms average 3-5 years for working capital, 5-7 years for equipment, and 12-20 years for real estate.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., Pollution control equipment.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

INDUSTRIAL REVENUE BONDS: May be used as long-term financing of up to 100 percent of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., The program ends December 2016.

Income 75

Income Finance Zoning Equipment 75