What's Next for PACE Programs?
Fannie and Freddie, Federal Fixes, Lawsuits, and More
An ICMA University Teleconference Cosponsored with Climate Communities
July 28, 2010 • 1:00 p.m. – 2:30 p.m. EDT
FREE
| Meet Your Expert Presenters |
 Cisco DeVries helped develop the first PACE financing program in Berkeley, and is now president of Renewable Funding, which provides turnkey Property Assessed Clean Energy (PACE) administration and financing services to hundreds of cities and counties across the country. PACE is an innovative financing model that helps local governments create green jobs, dramatically reduce carbon emissions and save property owners money on their utility bills.
 Rodney Dole is the elected auditor-controller-treasurer-tax collector of Sonoma County and the lead architect of Sonoma County’s PACE program. The Sonoma County PACE program projects growth to $1 billion in loans in 5 years. Sonoma’s program, which serves a population of 500,000, is growing by $800,000 a week.
 Ann Livingston, sustainability coordinator of Boulder County, manages its ClimateSmart Loan program. ClimateSmart is a joint City of Boulder and Boulder County campaign designed to connect local residents and businesses to cost-effective programs for reducing energy use and saving money; support the achievement of local greenhouse gas reduction goals; build community; and create a model for regional sustainability.
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Cities and counties across the country have frozen their Property Assessed Clean Energy (PACE) programs in the wake of actions by the Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac that have put a halt to the program.
So what happens next for cities and counties that have been granted about $150 million in federal stimulus dollars from the U.S. Department of Energy to support PACE programs?
Find out what experts say at this FREE teleconference hosted by ICMA’s Center for Sustainable Communities and Climate Communities.
Through PACE programs, local governments offer low-interest loans to property owners for energy efficiency improvements, which is repaid by the resident througha special assessment on their property tax bill, over a multi-year period of time. PACE programs were thought of as one of the most promising tools available to local governments eager to bring new jobs, energy bill savings and environmental benefits to their residents.
Whether your local government has begun implementing a PACE program, you’ll want to listen in on this teleconference to hear directly from experts on what the future may hold. This teleconference will provide an overview of how PACE financing works, examine the recent troubles with Fannie Mae and Freddie Mac, and discuss what actions Congress, the Obama Administration, and possibly the courts may take to come to resolution.
To register, click the "Register Now" button and select "Non Member," and type in nonmember in the code field. There are a limited number of seats for this free teleconference, so we ask that your staff meet in a conference room and listen in by speaker phone.
When you register for this event, you receive an email with your toll-free number and access code. On the day of the teleconference, you'll dial in no earlier than 15 minutes in advance. Please be sure to check the correct starting time in your time zone. Please note: Only online registrations are accepted for this teleconference.
Teleconference registration:
http://icma.confEdge.com/ap/registration/?i=register&e=64fe8726-062f-4063-a3a8-631ab7051120&newRegistrant
Future Webinars
Installing Renewable Energy Technologies on Public Facilities
August 25, 2010, 1:00 p.m. -2:30 p.m EDT
Many communities are investing their Energy Efficiency and Conservation Block Grant (EECBG) dollars in renewable energy technologies that will save electricity, reduce costs and curb greenhouse gas emissions from public buildings. This webinar will identify renewable energy technologies appropriate for public buildings, and highlight communities that are already reaping benefits from renewable energy investments.
Effective Community Outreach to Support Your Sustainability Efforts
September 29, 2010, 1:00 p.m. -2:30 p.m EDT
While local governments across America are launching various sustainability initiatives with EECBG and other funding, effectively communicating the benefits of those programs or why citizens should participate is often an afterthought. This webinar will identify how cities and counties are using new communications tools (e.g., social media) and honing well-developed messages to build community support for sustainability.
Cost-Effective Strategies for Greening Your Vehicle Fleets
October 27, 2010, 1:00 p.m. -2:30 p.m EDT
Rising fuel costs and increasing public interest in sustainability are encouraging many local government agencies to re-examine their municipal fleets. Cities and counties are considering alternative fuels and advanced vehicle technologies to reduce their carbon footprint. However, not all green vehicles are created equal. This webinar will help local governments assess the available options and will showcase successful community efforts to shift to new fuels and vehicles with minimal impact on existing operations.
Questions?
Contact Andrew Seth at (202) 261-6011 or andy@climatecommunities.us. |
