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How did you feel the Pace program could help you?
Every PACE program has been affected, according to Cisco DeVries, who developed Berkeley's project and now serves as president of Renewable Funding, an Oakland, Calif., company that devises and administers such programs for cities and counties.
Through the PACE program, loans to install solar panels and make other energy improvements would be repaid through 20-year special assessments on property tax bills and secured through a lien.
In Connecticut, the PACE program is nonresidential as well, administered through the state's green bank, the Clean Energy Finance and Investment Authority, which originates the loans but then sells them individually or in bundles to investors.
Elaine Chapman-Moore, a spokeswoman for the PACE program, said consortium members frequently recruited graduates of the engineering programs using their equipment, and benefited in more immediate ways as well.
The Pace program features six specially developed courses: Climate adaptive management; climate and insurance; climate and corporate practice; climate change practice; disaster law and emergency preparedness; and state and regional climate initiatives.
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PACE programs bill an owner through the lien and forward payments to a private lender.
The uncertainty has frozen many PACE programs and led some energy companies to furlough workers.
But those working to promote OBR or PACE programs agree that access to private capital will determine if energy efficiency reaches its potential.
It will also be the first program to operate under a state legislative measure that expanded the guidelines for regulating PACE programs and should help resolve some of the snags that have troubled other such efforts, she said.
But Alfred Pollard, general counsel for the housing agency, said, "We are very cognizant of the concerns expressed in the communities regarding the PACE programs, and we are working expeditiously to respond to the communications we have received".
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