65.2 F
Washington D.C.
Friday, March 31, 2023

Toughen Community Resilience Through PACE Funding

Whether resilience efforts are reactive or proactive, tools exist for cities to take a holistic approach to resilience in the buildings sector that can yield higher-performing buildings (in both existing buildings and new construction), healthier economies, and better communities that emit less carbon and lessen future impacts on climate change.

One such tool is Property Assessed Clean Energy (PACE) financing. PACE allows the incremental cost of energy-efficient and hurricane-resilient reconstruction to be covered through financing secured by a special incremental property tax assessment. The ongoing savings to the owner — whose energy bill would be negligible — more than covers the payments due under the PACE financing.

Read more at Green Building Advisor

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Related Articles

- Advertisement -

Latest Articles