News

Fannie, Freddie freeze PACE energy-efficiency retrofit financing programs

Thursday, July 8th, 2010 at 3:38 pm

Federal regulators are taking heat over a reuqest to suspend the PACE program, which gives homeowners access to  loans for efficiency retrofits and other energy-saving improvements. Elected officials such as California Gov. Arnold Schwarzenegger, are saying that ending the PACE program threatens to undermine job creation and the message that energy independence is a priority.

The Los Angeles Times