Keeping PACE in Texas has developed standardized forms, technical manual, contracts, etc. that make Property Assessed Clean Energy (PACE) financing easy for property owners and lenders to implement. They are collectively referred to as "PACE in a Box." Since PACE is implemented at the local level, standardization and ease of use are critical to Texas cities and counties adopting their PACE programs.
This well-executed standardization also makes securitization of the loans possible, creating an essential secondary market.
Furthermore, KPT's ongoing work to constantly improve its "PACE in a Box" templates ensures nationwide best practices are quickly reaching every Texas city and county.
Without KPT, there would no energy and water efficiency financing via PACE in Texas.
www.Keepingpaceintexas.org