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On Jan. 26, 2012, the Federal Housing Finance Agency (FHFA) was ordered to solicit public comment on whether it should have halted Property Assessed Clean Energy (PACE) financing programs
Ohio Bill 1 (HB 1), the biennial budget bill effective October 15, 2009, granted municipalities and townships the authority to create Special Improvement Districts (SIDs) and Property Assessed Clean Energy (PACE) programs that offer "assessment-based financing" for property owners seeking to install solar systems on their property
Property Assessed Clean Energy (PACE) programs allow financing of energy efficiency and renewable energy improvements using special assessments that secure local government bonds, notes or other obligations that do not require the borrower or the sponsoring local government to pledge its credit
