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Construction Business Owner Blogs

Construction Business Owner

Green Building. Inside these pages you’ll learn how to better manage the submittal process; make the most of field, logistics and maintenance report; examine if it’s smart to restructure debt, reinforce training so that it sticks, and more. This entry was posted on Friday, August 19th, 2011 at 3:34 pm and is filed under Jeana Durst.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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PACE Bill Due in Baltimore City

Green Building Law Update

The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Maryland is typical.

Baltimore 120
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PACE in Maryland is Not Keeping Pace

Green Building Law Update

Nationally, including in Maryland, “residential” PACE programs (as opposed to the commercial programs) were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by single family properties with outstanding PACE obligations.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

There were not similar concerns expressed about commercial loans.

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Energy and Environmental Provisions of the 2012 Omnibus Spending Bill (Better read this sitting down)

Green Building Law Blog

The summary of the omnibus bill issued by the House appropriations committee states that EPA funding has been reduced by almost 19% in 2011 : The conference agreement funds EPA at $8.4 billion, which is a $233 million reduction below the FY 2011 enacted level and $524 million below the President’s request. appropriated for 2012.

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Sempra U.S. Gas & Power, Con Edison Announce Solar Partnership

Buisness Facilities Contributed Content

Gas & Power’s ongoing plan to improve its financial returns, deconsolidate debt and redeploy the proceeds from the transaction into new renewable growth projects,” said Kevin C. In September 2011, the U.S. Gas & Power will continue to provide operations and maintenance services to both plants. Far West U.S.