Transcription of DOE draft Best Practices Guidelines for Residential PACE
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DOE draft Best Practices Guidelines for Residential PACE
Best Practice Guidelines for Residential PACE Financing Programs November 18, 2016 DOE Best Practice Guidelines for Residential PACE Financing Programs 2 Table of Contents Overview .. 1 Program Design Guidelines .. 2 1. Define the PACE Program Scope and Eligible Improvements .. 3 Eligible Improvements .. 4 Cost-Effectiveness of Measures and Improvements .. 4 energy Assessments and Advising .. 5 2. Establish Eligibility Criteria .. 6 Verifying property Ownership .. 6 Confirming property -Based Debt, Tax Assessments, and property Valuation .. 7 Reviewing property Owner Income and Debt Obligations.
Assessed Clean Energy (PACE) financing programs allow state and local governments, where permitted by state law, to extend the use of land-secured financing to fund energy efficiency, renewable energy, and water conservation improvements on private property.
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