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Board advances Green Finance SF PACE resolutions after staff shifts approach following court ruling
Summary
Supervisors advanced a package to restart Green Finance SF (residential PACE) by opting into existing JPA PACE programs after a San Diego court ruling altered direct‑contracting options; staff said the approach will enable quick rollout, consumer choice and workforce components.
The Budget & Finance Committee on Dec. 3 advanced a set of items to restart Green Finance SF, a residential Property‑Assessed Clean Energy (PACE) program intended to finance energy efficiency, renewable energy and water‑efficiency upgrades for one‑ to four‑unit homes.
Chair Mark Farrell said he and Mayor Ed Lee cosponsored two resolutions to restart the program and described its goals: enabling homeowners to fund upgrades with competitive interest rates, creating local clean‑energy jobs and leveraging workforce development. Farrell thanked staff and partners for year‑long work to design a program.
Rich Chen, program…
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