fannie mae

Fannie & Freddie trying to kill the green collar economy?

Article: Fannie & Freddie trying to kill the green collar economy?

Property-assessed clean energy (PACE) financing has caught on quickly around the country: from Berkeley to Baton Rouge, localities and states have recognized the environmental and economic benefits of creating financing opportunities for renewable energy and efficiency upgrades for home and business owners.

Last week, government-backed mortgage lending agencies Fannie Mae and Freddie Mac threw a giant monkey wrench into the growth of PACE by “refusing to accept loans on buildings in the program.”