PACE Archive

NAR Applauds FHA’s “Smart Step” on Energy Efficient Loans

The Department of Housing and Urban Development announced earlier this week that the Federal Housing Administration will no longer insure properties with Property Assessed Clean Energy assessments, winning praise from the National Association of Realtors®. “FHA’s PACE announcement is a smart...

Salomone: PACE Program Changes Place “Unnecessary Pressure on Homeowners”

Today the Federal Housing Administration (FHA) and Department of Veteran’s Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in...