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8/31/21  1:06 pm
Commenter: Girard J Gurgick

PACE must be an efficient process
 

An excerpt from the recent artical on the state's first successful C_PACE transaction in Arlington:

Joe Marhamati of Ipsun Solar said that while C-PACE was created with the best of intentions, it’s in need of some streamlining.  “I’m not super surprised it hasn’t taken off because administratively it’s very cumbersome,” he said. “It’s kind of like going to the DMV to get your loan.”

https://energynews.us/2021/07/15/virginia-finally-has-its-first-c-pace-success-story-a-decade-after-initial-law/

We need to avoid this in any program.

 

 

One of the biggest differnces I see in R-PACE verses C-PACE financing is lender consent is required in C-PACE. Perhaps what is required is to treat them the same.

 

 

Since FHA lenders Perhaps 

CommentID: 99875