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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
John Rao National Consumer Law Center, Inc.
Please see attached comments from the National Consumer Law Center (o…
Email: jrao@nclc.org
Attachment: View Attachment
Adam Pugh NACo and NLC
See attached.
Email: apugh@naco.org
Attachment: View Attachment
Brendan Kihn Joint Comment Letter
Please see attached for comment letter on behalf of California MBA, CU…
Email: N/A
Attachment: View Attachment
Brendan Kihn U.S. Mortgage Insurers
Please see the attached comment letter on behalf of U.S. Mortgage Insu…
Email: N/A
Attachment: View Attachment
Ron Haynie Independent Community Bankers of America
Please see attached comment letter.
Email: ron.haynie@icba.org
Attachment: View Attachment
William Spivey Florida Development Finance Corporation
see attached comments
Email: bspivey@fdfcbonds.com
Attachment: View Attachment
Lance Liby Federal Home Loan Banks
Please see the attached letter.
Email: N/A
Attachment: View Attachment
Brian Rodgers Appraisal Institute
I am submitting on behalf of the Appraisal Institute.
Email: brodgers@appraisalinstitute.org
Attachment: View Attachment
Keith Thornburg Missouri Bankers Association
see comment letter and attachments for two examples of consumer abuse…
Email: kthornburg@mobankers.com
Attachment: View Attachment
The Credit Officer’s Group of the Federal Home Loan Banks
See attached.
Email: N/A
Attachment: View Attachment
Brad Douglas Heartland Credit Union Association
See up loaded letter.
Email: N/A
Attachment: View Attachment
Bryan T. Garcia Connecticut Green Bank
See attached.
Email: N/A
Attachment: View Attachment
David L. Ledford National Association of Home Builders
See attached.
Email: N/A
Attachment: View Attachment
Genevieve Jopanda California State Treasurer
Please see attached letter.
Email: genevieve.jopanda@treasurer.ca.gov
Attachment: View Attachment
Toby Rittner Council of Development Finance Agencies
Please see the attached letter.
Email: trittner@cdfa.net
Attachment: View Attachment
Kaley Schafer NAFCU
Please see the attached comment letter on behalf of NAFCU.
Email: N/A
Attachment: View Attachment
Joshua Buswell-Charkow California Solar & Storage Association (CALSSA)
See attached.
Email: N/A
Attachment: View Attachment
Kim Akin Mortgage Bankers Association of Missouri
Please see attached letter from the Mortgage Bankers Association of Mi…
Email: kim.akin@lgpmconsulting.com
Attachment: View Attachment
Michael Moran Florida PACE Funding Agency
Email: N/A
Attachment: View Attachment
Edward J. DeMarco Housing Policy Council
See attached.
Email: N/A
Attachment: View Attachment
Peter Grabell Dividend Finance
Dividend Finance strongly opposes further limitations placed on PACE p…
Email: N/A
Attachment: View Attachment
Robert Lameier Miami Savings Bank
I share FHFA concern the PACE program. However, I believe it would be…
Email: rlameier@miamisavingsbank.com
Attachment: N/A
Rob Barrett Missouri Division of Finance
Please see attached
Email: finance@dof.mo.gov
Attachment: View Attachment
George Riley Conservatives for Clean Energy
See attached.
Email: N/A
Attachment: View Attachment
Kelly Price Eastman Credit Union
See attached
Email: N/A
Attachment: View Attachment