The Property Assessed Clean Energy (PACE) program could not manipulate homeowners
By Hicbd
Tue Jun 22 2021 10:37 am
"Through Pace, local governments borrow money at low rates made available to low-income borrowers for energy-saving home improvements, which are then paid back through increases to property taxes...Oliver dug into several issues with the program, widely used in California, Missouri and Florida, with expansions in the works for Ohio and New York, which has left borrowers vulnerable to manipulation and foreclosure on their homes."
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