********Be sure to attend the next IHPA Meeting on Thursday, - TopicsExpress



          

********Be sure to attend the next IHPA Meeting on Thursday, September 18 at the Doubletree Palm Beach Gardens. Learn more about the Florida PACE Funding Agency!! *********** Florida PACE Funding Agency Announces Available Funding Florida PACE Funding Agency Announces Available Funding ORLANDO, FL – May 27, 2014 Financing now readily available for efficiency improvements in subscribing counties – The Florida PACE (Property Assessed Clean Energy) Funding Agency (Agency) through its E|VEST Program today announced that $200 million in financing is now available to property owners in subscribing local government jurisdictions for qualifying energy efficiency, renewable generation and wind-resistance home or commercial business improvements or repairs. The improvement financing will be repaid over time as part of the property owner’s annual property tax assessment. The Agency’s Financial Advisors, Public Financial Management, First Southwest and Southeastern Investment Securities worked diligently with CounterPointe Energy Solutions, LLC to complete all the necessary legal documents and secure the funding from a large institutional investor. The official closing date was March 13. “Now more than ever, making wind mitigation and energy efficiency happen in Florida is an achievable option for Florida property owners and just in time for hurricane season,” said Jonathan Schaefer, Program Manager for the Agency’s PACE Program. “We are excited to get hammers swinging and make a difference in our state.” The Agency was created by local governments for local governments, providing the most transparent and accountable financing vehicle to residential and commercial property owners for qualifying wind resistance, energy efficiency and renewable generation home or commercial business improvements or repairs. The Agency’s E|VEST Program is entirely voluntary and is available only in subscribing counties and municipalities. It is available without liability or cost to subscribed counties and municipalities, and brings with it employment and economic development benefits. Liability protection is ensured through the Agency’s judicial validation that has already been obtained from the Florida Courts for every Florida city and county. The Agency’s E|VEST Program is non-exclusive, allowing participating local governments the opportunity to retain additional PACE providers at their sole discretion. Subscription to the Agency’s E|VEST Program is accomplished by resolution of the local commission and a short, judicially validated interlocal agreement. Local government officials interested in subscribing should visit FloridaPACE.gov for more information. Interested contractors and property owners may visit the Agency’s Program website: EvestFlorida. About The Florida PACE Funding Agency The Florida PACE Funding Agency is a special purpose local government formed by the collaborative efforts of Flagler County and the City of Kissimmee, Florida as a public service to every city and county in Florida. The Agency boasts an innovative financing program for wind resistance, energy efficiency and renewable generation improvements benefiting property owners and increasing construction jobs statewide. The program is administered for the Agency by Leidos Engineering. For more information, visit FloridaPACE.gov. Media inquiries should be directed to Zoe Linafelt at Sachs Media Group at (850) 222-1996 or zoe@sachsmedia.
Posted on: Mon, 11 Aug 2014 23:59:59 +0000

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