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). 2) Legislation is Being Proposed : The US Congress (as well as local reps and senators) are introducing bills aiming to protect PACE financing programs.

Finance 48

Finance Lien Green Louisiana 48

Buisness Facilities Contributed Content

APRIL 15, 2014

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). The income tax credits may be used to offset 50% of the Arkansas income tax liability in the tax year the credit is earned.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75

Income Finance Zoning Equipment 75