The California Energy Commission canceled a $30 million solicitation that would have supported PACE programs in 23 counties and 184 cities. The Commission action, which responded to roadblocks created by recent actions of the Federal Housing Financing Authority (FHFA), ended awards to five local governments and jurisdictions that were using Property-Assessed Clean Energy (PACE) financing as the cornerstone of their county and statewide energy investment programs. This action, however, was taken in an attempt to save the program in California and allow property owners to benefit from its financing provisions. Click here to read how.
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