LOS GATOS, California, September 29, 2021 / PRNewswire / – Residents of unincorporated areas Placer County can now access Property-Rated Clean Energy (PACE) financing through the Californiacompany based at Home Run Financing. This innovative financing mechanism helps communities modernize their housing stock so that they are more energy and water efficient and more resilient to earthquakes and forest fires, while creating good local jobs.
Home Run Financing has been approved to provide PACE financing to local owners by the Placer County Supervisory board in December of last year. PACE allows homeowners to make renewable energy, energy and water improvements to their homes, as well as earthquake and wildfire improvements, then pay over time by through their property taxes. Due to this payment mechanism, PACE providers must be approved by each city and county.
Placer County the approval means Home Run Financing is active in 47 counties across the state.
âWe are delighted to be active in Placer County and we look forward to working with homeowners to help them improve forest fire preparedness and energy efficiency in their homes, âsaid Robert Gilles, CEO of Home Run Financing. âWe hope that the cities of Placer County will soon follow suit by giving their residents access to this powerful financing tool to modernize their homes. “
In California To date, Home Run Financing has funded more than 13,000 projects, generated an annual reduction of 36,000 metric tonnes of greenhouse gas emissions and conserved 54 million gallons of water. The increase in home improvement work has created more than 3,400 paid jobs and generated $ 381 million in private investment in local communities across the state.
Home Run Financing also offers a more traditional and unsecured loan product, Home Run Loans, for a wider range of home improvement projects. For more information, homeowners, entrepreneurs and local organizations are encouraged to visit https://www.homerunfinancing.com/.
About Home Run Funding
Home Run Financing (formerly PACE Funding Group, LLC) started in California in 2014 and has helped tens of thousands of homeowners across California, Missouri and Florida make improvements to their properties. Company provides Home Run PACE funding for renovations and repairs related to residential renewables, energy efficiency and water use, as well as earthquakes, wildfires and hurricanes . They also offer Home Run Loans, a traditional unsecured product that covers a wide variety of home improvement projects. Home Run Financing projects have implemented 47,000 metric tonnes of annual carbon emission reductions, conserved 54 million gallons of water, created over 4,500 paid jobs and generated $ 453 million in private investment in local communities. The company works with an extensive network of nationally recognized and reputable contractors.
SOURCE Home Run Funding