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PACE Bill Due in Baltimore City

Green Building Law Update

PACE loan programs, where payments for energy efficiency, water conservation and renewable energy improvements to real estate are made through a building owner’s property tax bill are gaining acceptance nationally including being implemented across Maryland. Maryland is typical.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

But today, despite Maryland having enacted a PACE enabling law in 2014, only one PACE loan has closed in the State. I was asked recently to recommend how PACE in Maryland could be improved. In 2008 I said Property Assessed Clean Energy (PACE) loans “ could be bigger than anything in U.S. So, what is wrong? The concept is sound.

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Centers of Technology: The Future Is Now

Business Facilities

If you seek a STEM job or a design job once you graduate from college you have a real chance of having your student debt relieved.”. MARYLAND CONSOLIDATES ITS HIGH-TECH FIREPOWER. Tamie Howie, CRTC’s Executive Director was named as the new Maryland Tech Council CEO. and Denver. with some Baltimore companies.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

PACE state enabling statutes generally authorize local governments to work with private sector lenders to provide upfront low interest financing to property owners for qualified projects (e.g., What is wanting is the broad regulatory framework that enables the ‘off balance sheet’ financing that is PACE lending.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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