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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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DA Mike Hestrin Announces $4 Million Consumer Protection Settlement with Renovate America Inc

August 9, 2019

News release for California District Attorneys Settlement with PACE program administrator Renovate America.

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Advocates Applaud CFPB’s Intention to Deal with PACE Loan Program Abuses

March 4, 2019

FOR IMMEDIATE RELEASE: March 4, 2019 Consumer Advocates Urge Strong Consumer Protections for Borrowers of Property Assessed Clean Energy (PACE) Loans WASHINGTON– Today, advocates at the National Consumer Law Center applauded the Consumer Financial Protection Bureau (CFPB) for taking its first step in initiating a rulemaking to curtail consumer abuses in the PACE loan program and…

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