CAR Staying Neutral on Energy District Private Financing
Posted on
March 28, 2013
SB13-212, Concerning Energy District Private Financing Commercial (C-PACE), by Senator Matt Jones (D-Louisville) and Representative Max Tyler (D-Lakewood), was discussed in LPC last week. Under Property-Assessed Clean Energy (PACE) financing programs, local governments or financing districts sell bonds to investors, then loan the proceeds to property owners to cover the cost of renewable energy or energy efficiency improvements. The loans are...