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?

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

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?

Yes, a third party is required by law.

Will you have Loans or can you have bonds?

Can the building owner also act as the contractor?

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

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

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

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

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.

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.

not residential

multifam

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

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

Links to public sites: Kingcounty.gov/PACE

https://publicinput.com/C-PACER

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

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

they mentioned direct payment earlier, not on-bill

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

Thank you Rachel and Morgan!!

Are their cost-effective metrics for resiliency measures?