
43:24
Just clarifying that the Program anticipates provisions for re-financing either projects that are already underway when the Program is approved or that have been recently completed (3-year provision), as long as all other eligibility requirements are met?

44:14
Can you elaborate on WHO can be a third party verifier in the initial application process?

45:04
The model statute doesn't seem to say that technical review should be third party, which would allow folks to self certify their own projects--is that the intent, or is technical review by a third party only like the majority of PACE states?

46:41
Yes, a third party is required by law.

47:49
Will you have Loans or can you have bonds?

49:04
Can the building owner also act as the contractor?

50:04
In CA and many other locations the PACE issuer can issue a bond versus a loan

50:05
There is nothing in the law that would prohibit the building owner from being their own contractior.

50:39
No bonds. Direct financing only between the capital provider and the property owner

51:45
What will be the fee structure? PropertyFit in OR has a .25% annual fee which seems excessive.

52:48
Build awareness through existing program resources such as utility programs, Dept of Commerce and city programs. Also, promote program through HVAC distributors and contractor networks.

53:20
Have you looked into starting the process to get HUD to approve PACE financing in Washington state? The first step (which takes forever) is to get a letter from the state AG's office that confirms their understanding of PACE as a property tax lien.

54:06
not residential

54:10
multifam

54:31
This program can also be promoted though historic preservation advocacy organizations including the Washington Trust for Historic Preservation and Historic Seattle.

54:36
bali@paceloangroup.com - shoot me a note - happy to discuss further

54:53
Links to public sites: Kingcounty.gov/PACE

55:08
https://publicinput.com/C-PACER

55:31
Also, the program can be promoted for seismic upgrade work to improve resilience and safety of a building.

55:47
Does the PACE lien appear on the property tax bill? Does King County collect the PACE payments?

56:10
they mentioned direct payment earlier, not on-bill

56:16
Thanks Court, the seismic upgrade might be one of the best opportunities for many buildings.

58:17
Thank you Rachel and Morgan!!

58:35
Are their cost-effective metrics for resiliency measures?