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Energy
Boulder Looks for Solutions to Clean Energy Loan Impasse
By Kirk Siegler
Credit Photo by Kirk Siegler
Boulder County Commissioner Will Toor helped develop the county's local PACE effort dubbed the "Climate Smart Loan Program"
As part of our series examining the roadblocks in front of clean energy last year, we told you about a popular clean energy loan program in Boulder County that had been abruptly halted as a result of actions by Fannie Mae and Freddie Mac. The two mortgage giants had suddenly declared they would not buy home mortgages with so called “PACE” loans attached to them. But a recent court ruling in California might change that, if Congress doesn’t act even sooner.
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