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A look at the economic impact of the Florida PACE funding program, which gives commercial and residential property owners financial options for energy efficient and hurricane resistant home improvements.
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As Florida’s insurance crisis makes hurricane hardening more important than ever, consumer advocates have pressed to reign in a popular — but controversial — loan program that allows homeowners to pay for new roofs or impact windows through their property tax bills.
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Miami-Dade residents who choose to fix up their homes with the Property Assessed Clean Energy program, or PACE, just got new protections to make it a little safer.
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Skyrocketing insurance premiums, energy costs and hurricane risks have made routine improvements to Florida homes — like new roofs, impact windows and doors and upgraded AC units — more necessary than ever before.
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Late last year, Ygrene, the state’s most high-profile green energy finance company, suddenly vanished from the Florida market — a move that left contractors in the middle of projects unpaid and homeowners scrambling to pay big unexpected bills.