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PACE

Home Improvement
Read Time : 8 Minutes

Some homeowners struggled to pay PACE improvement loans. The coronavirus made it harder

01/07/2020
Charlene M. Brown

It wasn’t until the work was done that Marcelino and Josefina Rodriguez said they learned the truth. They had been signed up for a roughly $45,000 PACE home improvement loan at nearly 10% interest — even though they said a woman working with the contractor told them their new roof […]

Home Improvement
Read Time : 1 Minutes

L.A. County ends controversial PACE home improvement loan program

02/06/2020
Charlene M. Brown

Los Angeles County has ended its controversial PACE home improvement loan program, a decision that follows years of criticism that the county enabled predatory lending and put people at risk of losing their homes. County officials — who launched the PACE program in 2015 to fund energy- and water-efficient home […]

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