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Bill Proposes PACE Financing for Water Conservation

Texas state Sen. John Carona (pictured) has introduced legislation that would allow building owners to use private sector financing for water conservation and energy-efficiency improvements through long-term loans paid with voluntary property assessments. The proposed bill, the Property Assessed Clean Energy Act, would update an existing Texas law to include water … Read more »

Biggest PACE Green Building Program Launches in California

Fourteen counties and 126 cities in California have launched CaliforniaFIRST, the nation’s largest finance program for green building upgrades that uses the Property Assessed Clean Energy financing model in an effort to help commercial property owners reduce their energy and water use. The CaliforniaFIRST PACE program allows commercial property owners … Read more »

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