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Council introduces PACE program ordinance; developers and realtors urge delay for stakeholder review

3289844 · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A proposal to allow residential Property Assessed Clean Energy (PACE) financing in Jacksonville prompted a contentious public hearing. Realtors, property managers and neighborhood groups urged the council to pause and consult stakeholders; providers asked for more time to engage and clarify safeguards established in recent state law.

Council members opened a public hearing on proposed ordinance 2025-286 to authorize a residential PACE (Property Assessed Clean Energy) program in Jacksonville. The proposal drew extended public testimony from real estate and property-management representatives and from PACE providers.

Opponents included the Northeast Florida Association of Realtors, the First Coast Apartment Association and other speakers who warned PACE can create long-term tax liens that take priority over existing mortgages, complicate refinancing and, they said, have…

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