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Board approves Green Finance SF PACE expansions and new small-commercial program
Summary
Supervisors unanimously approved a package to authorize new residential PACE providers, create a small-commercial PACE program and join a regional consumer-protection standards agreement for property-assessed clean energy (PACE) financing under Green Finance SF.
The Board of Supervisors unanimously adopted a package of resolutions and related actions (items 5 through 11) expanding Green Finance SF, San Francisco's property-assessed clean energy (PACE) financing program.
What passed: The package (filed as items 5'11) did three primary things: (1) authorize three new certified residential PACE providers to participate locally and increase competition; (2) establish a new small-commercial PACE program for projects between roughly $50,000 and $1,000,000 in value (to…
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