News & Analysis as of

Property Owners Mortgages Clean Energy

Cadwalader, Wickersham & Taft LLP

IRS Private Letter Ruling Says CPACE Loans Qualify for REMIC Transactions

The IRS recently concluded that certain commercial property assessed clean energy (“CPACE”) assets are “obligations . . . secured by an interest in real property” under Code Section 860G(a)(3) in a private letter ruling...more

K&L Gates LLP

Keeping “PACE” in Commercial Real Estate Improvements: A Primer on the New Washington Commercial Property Assessed Clean Energy...

K&L Gates LLP on

Commercial property owners in the state of Washington may soon have access to a new source of funding for energy efficiency, renewable energy, and resiliency improvements to their buildings. Washington’s C-PACER legislation...more

Ballard Spahr LLP

Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions

Ballard Spahr LLP on

In January 2020 the Federal Housing Finance Agency (FHFA) published a request for input on Property Assessed Clean Energy (PACE) transactions involving residential property. ...more

Best Best & Krieger LLP

Keeping PACE with Energy Efficiency Demand in California - BB&K's Warren Diven Writes About The Statewide Expansion of the HERO...

Property Assessed Clean Energy Financing (PACE) programs, for residential and commercial properties, were in development throughout the United States when the Federal Housing Finance Agency (FHFA) sought to impose limits on...more

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