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Coalition Letter to Federal Reserve on Climate Financial Risk Management

February 6, 2023

Americans for Financial Reform Education Fund, National Consumer Law Center, and the undersigned organizations urge the Federal Reserve Board to ensure that financial institutions carefully consider the potential impacts of climate-related financial risks in the context of racial, economic, environmental, and climate justice and the financial institutions’ obligations under the Fair Housing Act, the Equal…

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Residential Property Assessed Clean Energy (PACE) Programs

September 29, 2021

Testimony expressing concern that the many bad actors observed in Property Assessed Clean Energy (PACE) programs have preyed upon low-income consumers, older adults, and homeowners of color, including through deceptive contractor practices and targeting communities of color.

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Last Week Tonight with John Oliver: PACE

June 21, 2021

Television segment: Last Week Tonight (21:50 runtime) “PACE Loans.” Background information provided to the producers by NCLC policy experts John Rao and Charlie Harak.

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Group Letter to FHFA: Climate and Natural Disaster Risk Management Request for Input

April 19, 2021

The undersigned consumer, community, civil rights, housing, legal services and other public interest organizations write this letter in response to the Federal Housing Finance Agency (FHFA)’s Climate and Natural Disaster Risk Management Request for Input (RFI). The dangers posed by climate change—including damage to homes and other physical property due to increased frequency and severity…

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Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans

May 20, 2020

Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans Thousands of LA County homeowners have been trapped in unaffordable loans through the Property Assessed Clean Energy financing program WASHINGTON, D.C – Effective May 13, 2020, Los Angeles County has discontinued new financing under its Property Assessed Clean Energy (PACE) loan program,…

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Group Comments in Response to a Request for Input for Property Assessed Clean Energy (PACE) Loans

March 16, 2020

Group comments in strong support of efforts to strengthen consumer protections on PACE loans and impose comprehensive state and federal regulation that would treat PACE as a mortgage product.

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Search Results

Coalition Letter to Federal Reserve on Climate Financial Risk Management

Residential Property Assessed Clean Energy (PACE) Programs

Last Week Tonight with John Oliver: PACE

Group Letter to FHFA: Climate and Natural Disaster Risk Management Request for Input

Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans

Group Comments in Response to a Request for Input for Property Assessed Clean Energy (PACE) Loans