A Leg Up for PACE Programs

Schroeder, Peter
July 2010
Bond Buyer;7/19/2010, Vol. 373 Issue 33351, p1
Trade Publication
The article discusses the significance of the Property Assessed Clean Energy (PACE) Assessment Protection Act of 2010 in the U.S. The said bill is introduced by Representative Mike Thompson and 29 other members of Congress that will force Fannie Mae and Freddie Mac to adopt underwriting standards set by the government. Likewise, the PACE bill will prevent the Federal Housing Finance Agency (FHFA) from blocking the state programs. It notes that the bill is essential to create a green economy.


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