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DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT 26000-26082›CHAPTER 4. Property Assessed Clean Energy (PACE) and Clean Energy Financing Program 26050-26082›ARTICLE 1. General Provisions and Definitions 26050-26056

§ 26050.5

California Public Resources Code · 2020-11 edition · updated 2026-10-04 · California

The Legislature further finds and declares both of the following:

(a) Actions by federally chartered home loan entities have frustrated efforts to accelerate the implementation of the PACE financing program, creating a need to establish effective alternative approaches that can be rapidly deployed to advance the purposes of this division.

(b) Among the most promising alternatives that can be implemented rapidly are those intended to increase access to capital for projects that advance the purposes of this division.

(Added by Stats. 2012, Ch. 677, Sec. 33. (SB 1128) Effective January 1, 2013.)

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California Public Resources Code

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