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PACE providers tell Pinellas commissioners homeowners risk liens after prolonged legal fight
Summary
Representatives for Fortify Financial and an associated PACE lender told the Pinellas County commission that court rulings and SB 770 validated many PACE assessments but that tax-collector resistance and ongoing litigation have left dozens of homeowners at risk of unpaid liens if assessments are not placed on the March tax roll.
Two representatives for PACE (Property Assessed Clean Energy) financing providers warned the Pinellas County Board of County Commissioners that homeowners who used PACE loans to hurricane-harden their homes could face unresolved liens and refinancing problems unless local tax collectors place the assessments on the tax roll.
Chris Peterson of Fortify Financial told the board the Florida PACE Funding Agency (FPFA) issue has been litigated multiple times and that, in his account, a high court ruling and…
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