Property Assessed Clean Energy (PACE) programs, viewed as one of the best alternatives for making green energy more affordable, will continue to expand despite a regulatory threat, according to participants at the ABS East Conference.

PACE allows property owners to finance energy efficiency and water conservation projects through property tax assessments. There are currently 31 US states that have legislation in place for either residential or commercial programs, or both. The liens have served as collateral in at least two securitizations.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.