Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City launches Green Finance SF to restart residential PACE financing
Summary
City leaders announced Green Finance SF, a property-assessed clean energy (PACE) program for one- to four-unit residential properties, saying private capital will fund upgrades at no cost to the city and that a state reserve fund will address FHFA concerns; workforce components and local hiring were emphasized.
City officials and partners unveiled Green Finance SF, a residential Property-Assessed Clean Energy (PACE) initiative intended to help owners of one- to four-unit properties finance energy efficiency and renewable-energy upgrades through property-tax assessments.
Supervisor Farrell introduced the plan as a way to overcome market barriers and described partnerships with labor and CityBuild to ensure a workforce development component that prioritizes local hiring for the green-collar jobs the program could create. He said…
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
