ARTICLE 2. PACE Reserve Program [26060. - 26064.]

Article 2 added by Stats. 2012, Ch. 677, Sec. 33.

§§ 26060–26064 · 5 sections

• § 26060 (a) The authority shall develop and administer a PACE Reserve program to reduce overall costs to the property owners of PACE bonds issued by an applicant by…
• § 26061 To qualify for assistance pursuant to this chapter, the PACE program shall require all of the following: (a) The interest rate on the PACE bond does not exceed…
• § 26062 An applicant shall submit to the authority an application providing a detailed description of the PACE program, a detailed description of the transactional…
• § 26063 (a) In evaluating eligibility, the authority shall consider whether the applicant’s PACE program includes the following conditions: (1) Financing recipients…
• § 26064 The authority shall review the applicant’s PACE bond issuance, including, but not limited to, indenture, trust agreement, and fiscal agent agreement (“the bond…