Author: Pace Nation Staff    Published 8/1/2023   PACE

PACENation Summit 2023 Recap

The 2023 PACENation Summit is in the books! In early June, PACENation brought together over 250 members and industry professionals at the Yale Club of New York City to make new connections, catch up with old friends, and share their expertise throughout this two-day national event.

In a mix of panel discussions and collaborative working group sessions, attendees explored the most pressing topics in PACE today, including workshops dedicated to broadening the market for small-balance C-PACE, enlightening conversations focused on PACE program standardization, the emerging role of banks—both large and small—in the PACE market, the impact of state and federal policy, and much more. Rohit Aggarwala, New York City’s Chief Climate Officer, even broke news during our lunch fireside chat session with the announcement of the city’s proposed C-PACE program rules for new construction properties.

This year’s Summit was PACENation’s first in-person national gathering since the pandemic, and while we had organized numerous virtual events in that time, we know nothing can substitute for the PACENation Summit. We received tremendous feedback from attendees who found value in the scheduled content, dynamic networking opportunities, and all of the spontaneous hallway conversations that this event made possible.

Thank you to all Summit sponsors, speakers, and attendees for contributing to this groundbreaking event! We’re so excited to meet again next year.

Watch the Summit recap video to see interviews with attendees!

 

Legislative & Program Updates: 
  • PACENation submitted comments to the NYC Department of Finance on the NYC C-PACE proposed rules for new construction and major renovations, and to the NJ Economic Development Authority (NJEDA) on the draft Garden State C-PACE program guidelines.
  • Michigan Governor Whitmer signed C-PACE amendment bills SB 302 and SB 303, enabling resilience and environmental hazard mitigation, water saving measures, making the SIR and savings guarantee requirement voluntary, and clarifying that C-PACE for new construction is allowed for projects that exceed Michigan’s energy code.
  • New Hampshire Governor Sununu signed C-PACE amendment bill HB 576.
  • MassDevelopment expanded the MA C-PACE program to include new construction.
  • Anchorage C-PACER released updated program guidelines to include new construction, refinancing with a 24-month lookback, resilience, and updated program fees.
  • The Clark County, NV C-PACE Program launched, with Slipstream as third-party administrator.

PACENation members receive timely updates on legislation and new program developments as they happen, detailed roundups, and additional information. Join PACENation for more!

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