PACE loans expanded for energy efficiency, wind resistance improvements to homes
With hurricane season underway, a low-cost loan program was just expanded allowing property owners to better prepare homes for storms.
Acting on one of the last bills on his desk from the 2024 Legislative Session, Gov. Ron DeSantis signed SB 770 modernizing the Property Assessed Clean Energy (PACE) program. PACE loans allow property owners to make improvements to their homes and finance the cost through property tax assessments.
Starting in July, the loans will be available for air sealing, replacing windows and making building modifications increasing use of daylight.
The loans will also be allowed to cover installation of insulation, electric vehicle charging equipment, efficient lighting...
