Fannie and Freddie Trip Up PACE Financing Program

Bad news for both her economic stimulus and energy efficiency. The New York Times reports that PACE (Property Assessed Clean Energy) financing for energy efficiency improvements, for which $150M in stimulus money was set aside is running into a roadblock from another arm of the government: the mortgage agencies Fannie and Freddie.

See the full article here: http://www.nytimes.com/2010/07/01/business/energy-environment/01solar.html?_r=1&pagewanted=1&hp

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