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Property Assessed Clean Energy (PACE) Program

Notice Details
Type
Notice
Number
2020-N-1
Group
Fannie Mae
Freddie Mac
Document Number
2020-00655
Federal Register Publish Date
01/16/2020
Comment Status
Closed
Comment Open Date
01/16/2020
Comment End Date
03/16/2020

Property Assessed Clean Energy (PACE) Program

Contact Information

FOR FURTHER INFORMATION CONTACT: Alfred M. Pollard, General Counsel, Alfred.Pollard@fhfa.gov, (202) 649–3050 (this is not a toll-free number), Federal Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA), as regulator for Fannie Mae and Freddie Mac as well as the Federal Home Loan Banks, seeks public input on residential energy retrofitting programs financed through special state legislation enabling a ‘‘super-priority lien’’ over existing and subsequent first mortgages. In particular, FHFA seeks input on potential changes to its policies for its regulated entities based on safety and soundness concerns. These state programs, termed Property Assessed Clean Energy or PACE, address residential properties and commercial applications. FHFA’s primary focus is on residential PACE programs in this Request for Input (RFI).

DATES: Written input must be received by March 16, 2020.

Public Comments people-icon

Below are a compilation of public comments made on this notice.

61 items
Date Sort ascending First Name Last Name Organization Comment
Ron Haynie Independent Community Bankers of America Please see attached comment letter.View Comment Email: ron.haynie@icba.org
Attachment: View Attachment
R.J. Lehmann R Street Institute Attached are comments from R.J. Lehmann, director of finance, insuranc…View Comment
Email: rlehmann@rstreet.org
Attachment: View Attachment
Steven Gottheim American Land Title Association Please see the attached comments of the American Land Title Associatio…View Comment
Email: sgottheim@alta.org
Attachment: View Attachment
Dana Gibbs Federal Home Loan Bank of Chicago We appreciate the opportunity to present the attached response to the…View Comment
Email: dgibbs@fhlbc.com
Attachment: View Attachment
Brendan Kihn U.S. Mortgage Insurers Please see the attached comment letter on behalf of U.S. Mortgage Insu…View Comment
Email: N/A
Attachment: View Attachment
Linda Jun Americans for Financial Reform Education Fund Please disregard my last submission and update it with this corrected…View Comment
Email: linda@ourfinancialsecurity.org
Attachment: View Attachment
Renew Financial Group LLC, PACE Funding Group LLC, FortiFi Financial Inc., and Renovate America Inc. See attached joint letter with attachments.View Comment Email: N/A
Attachment: View Attachment
David Spector PennyMac Please find PennyMac's response attached.View Comment Email: jason.piatt@pnmac.com
Attachment: View Attachment
Brendan Kihn Joint Comment Letter Please see attached for comment letter on behalf of California MBA, CU…View Comment
Email: N/A
Attachment: View Attachment
Colin Bishopp PACENation Please see attached letter.View Comment Email: colin@pacenation.org
Attachment: View Attachment
Christian Coalition of America See attached.View Comment Email: N/A
Attachment: View Attachment
Stacey Tutt California Low-Income Consumers Coalition Please see accompanying letterView Comment Email: stutt@law.uci.edu
Attachment: View Attachment
The Credit Officer’s Group of the Federal Home Loan Banks See attached.View Comment Email: N/A
Attachment: View Attachment
Adam Pugh NACo and NLC See attached.View Comment Email: apugh@naco.org
Attachment: View Attachment
David Terry National Association of State Energy Officials Alfred M. Pollard General Counsel Federal Housing Finance Agency 400 S…View Comment
Email: scramer@naseo.org
Attachment: View Attachment
Tom Kirk Coachella Valley Association of Governments Coachella Valley Association of Governments comments on PACE Request f…View Comment
Email: tkirk@cvag.org
Attachment: View Attachment
Don Boyd Ohio Bankers League Alfred Pollard General Counsel Federal Housing Finance Agency 400 7th…View Comment
Email: dboyd@ohiobankersleague.com
Attachment: View Attachment
Keith Thornburg Missouri Bankers Association see comment letter and attachments for two examples of consumer abuse…View Comment
Email: kthornburg@mobankers.com
Attachment: View Attachment
John Rao National Consumer Law Center, Inc. Please see attached comments from the National Consumer Law Center (o…View Comment
Email: jrao@nclc.org
Attachment: View Attachment
Joseph Pigg American Bankers Association Attached, please find comments from the American Bankers Association f…View Comment
Email: JPigg@aba.com
Attachment: View Attachment
Diana Dykstra California and Nevada Credit Union Leagues See attached.View Comment Email: N/A
Attachment: View Attachment
Mike Lemyre Ygrene Energy Fund See attached.View Comment Email: mike.lemyre@ygrene.com
Attachment: View Attachment
Brian Rodgers Appraisal Institute I am submitting on behalf of the Appraisal Institute.View Comment Email: brodgers@appraisalinstitute.org
Attachment: View Attachment
Dawn Bauman Community Associations Institute See attached comments.View Comment Email: N/A
Attachment: View Attachment
Robert Giles PACE Funding Group, LLC Please find attached the response to FHFA RFI Notice No 2020-N-1 from…View Comment
Email: bob@pacefunding.com
Attachment: View Attachment