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Property Assessed Clean Energy Districts: States Rights, Benefits Responses to FHFA

Table of Contents. Introduction to PACE3-4PACE Removes Hurdles to Clean Energy5Assessments: State Rights and Legal Precedent6Steps in Land-Secured Financing..7How PACE Works.8Benefits

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Property Assessed Clean Energy Districts: States Rights, Benefits Responses to FHFA

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    1. Property Assessed Clean Energy Districts: States Rights, Benefits & Responses to FHFA/Regulator Overreach Senate Banking Committee Presentation July 22, 2010

    2. Table of Contents Introduction to PACE…………………………………………………………………… 3-4 PACE Removes Hurdles to Clean Energy…………………………………………… 5 Assessments: State Rights and Legal Precedent…………………………………… 6 Steps in Land-Secured Financing…………………………………………………….. 7 How PACE Works………………………………………………………………………. 8 Benefits of PACE……………………………………………………………………….. 9-11 PACE Gains Nationwide Bipartisan Acceptance (Map of PACE Districts)……….. 12 PACE Nationwide Proof of Concept Trials to Launch with Exhaustive Lender & Consumer Protections………….…………………………………………………… 13 PACE Safety & Soundness Protections Structured to Minimize Risk.…….….…... 14-16 PACE Supporters………………………………………………………………….…….. 17 FHFA/Regulator Claims & Responses………………………………………………… 18-26 Summary……………………………………………………………………………...….. 27 Appendix………………………………………………………………………………….. 28 2

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