http://www.lagreenlaw.com/2010/09/louisiana-green-legislation-from-the-2010-session/ Legal Updates on Louisiana Green Building Wed, 08 Dec 2010 04:26:13 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.lagreenlaw.com/2010/09/louisiana-green-legislation-from-the-2010-session/comment-page-1/#comment-379 What is PACE Financing and Is It Doomed? | Louisiana Green Law Mon, 27 Sep 2010 08:10:57 +0000 http://www.lagreenlaw.com/?p=226#comment-379 [...] 3) Re-Thinking PACE: States may be ready to re-think the way they structure these PACE programs, and provide some protections for mortgage companies. While not passed in response to the FHFA announcement, Louisiana’s new PACE egislation may have predicted these problems, as it greatly accommodated mortgage holders. The PACE legislation from the 2010 session, for example, requires enough equity in the house to support the loan, and requires permission from the mortgage holder for commercial loans greater than $100k (talked about in this post) [...] [...] 3) Re-Thinking PACE: States may be ready to re-think the way they structure these PACE programs, and provide some protections for mortgage companies. While not passed in response to the FHFA announcement, Louisiana’s new PACE egislation may have predicted these problems, as it greatly accommodated mortgage holders. The PACE legislation from the 2010 session, for example, requires enough equity in the house to support the loan, and requires permission from the mortgage holder for commercial loans greater than $100k (talked about in this post) [...]

]]> http://www.lagreenlaw.com/2010/09/louisiana-green-legislation-from-the-2010-session/comment-page-1/#comment-378 What is PACE Financing and Is It Doomed? | Northwest Green Building Law Blog Mon, 27 Sep 2010 07:55:38 +0000 http://www.lagreenlaw.com/?p=226#comment-378 [...] 3) Re-Thinking PACE: States may be ready to re-think the way they structure these PACE programs, and provide some protections for mortgage companies. While not passed in response to the FHFA announcement, Louisiana’s new PACE egislation may have predicted these problems, as it greatly accommodated mortgage holders. The PACE legislation from the 2010 session, for example, requires enough equity in the house to support the loan, and requires permission from the mortgage holder for commercial loans greater than $100k (talked about in this post) [...] [...] 3) Re-Thinking PACE: States may be ready to re-think the way they structure these PACE programs, and provide some protections for mortgage companies. While not passed in response to the FHFA announcement, Louisiana’s new PACE egislation may have predicted these problems, as it greatly accommodated mortgage holders. The PACE legislation from the 2010 session, for example, requires enough equity in the house to support the loan, and requires permission from the mortgage holder for commercial loans greater than $100k (talked about in this post) [...]

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