Protect PACE Clean Energy Retrofit Programs
Cities and counties throughout the U.S. are developing new finance programs that help Americans install solar and improve the efficiency of their homes and businesses. Called Property Assessed Clean Energy (PACE), these programs enable local governments bring new green jobs, energy bill savings, and environmental benefits to their communities.
Now the lending giants at Fannie Mae, Freddie Mac and their regulators at FHFA are trying to stop these programs in their tracks. They're attacking a century-old local government right and throwing a massive wrench in American green job growth and investment. It's time for legislative action.