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PACE Axed in LA County

June 1, 2020

Los Angeles County has ended its controversial PACE home improvement loan program, after determining the program lacked adequate consumer protections. The PACE program—Property Assessed Clean Energy—provided loans to homeowners who purchased energy efficient upgrades.  Homeowners repeatedly alleged the private home improvement contractors who signed them up for PACE misrepresented how the financing would work, saddling them with […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #Cvarmember, contractors, cvarconnect, Department of Consumer and Business Affairs, Eco Solar Home Improvement, NCLC, PACE loan, Spanish-speaking, TheRealDeal

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