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Published on Jul 15, 2016
PACENation sponsored "Coffee Breaks with PACE Experts" series feature PACE market leaders talking about the most pressing issues in the market.
The Texas PACE model has been termed “Connecticut C-PACE program but without state’s resources”. Texas PACE Authority, a non-profit administrator, streamlines the implementation of PACE-funded clean energy projects in Texas using the “PACE in a Box” model. Charlene Heydinger is the president of the Texas PACE Authority, and someone who convened a group of over 130 stakeholder volunteers to design “PACE in a Box”. As the executive director of Keeping PACE in Texas, a trade association created to promote PACE financing, Ms. Heydinger led the commercial PACE legislative effort and the collaborative PACE in a Box design process. PACE in a Box programs have been adopted in three Texas Counties and in the City of Houston. Property owners in PACE districts have access to over $3 billion in capital from the 10 lenders participating in the program or may select their own lenders. Successful expansion efforts are underway in many other local jurisdictions. Learn about PACE in Texas directly from Charlene, who has taking it from a concept form to reality in her homestate.