Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
WRCOG reports hundreds of unclaimed HERO refunds; staff escheated older funds to state under prior direction
Summary
WRCOG staff told the executive committee that many residential PACE (HERO) refunds remain unclaimed; the agency followed a November 2022 directive to transfer eligible dormant refunds to the state after due-diligence outreach.
Ashelle Pineda, a WRCOG analyst, reported to the executive committee that the agency continues to process unclaimed refunds tied to the residential PACE (HERO) program and that older dormant refunds have been transferred to the State of California after following the agency's escheatment process.
Pineda said WRCOGlaunched its residential PACE program in 2011 and expanded statewide by 2014. The executive committee directed staff in November 2022 to escheat unclaimed refunds that had remained dormant for three or more years; staff…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
