HERO PACE expands to 16 new cities and five new counties in California
Written By: Stratton Report
April 20, 2016
On April 20, the HERO PACE program administered by Renovate America announced it was now online in 16 additional cities and five additional counties across California. The HERO program launched this week in the cities of Belvedere, Brisbane, Crescent City, Dos Palos, Dublin, Greenfield, Gustine, King City, Mill Valley, Pinole, Sacramento, Santa Clara, Sausalito, Thousand Oaks and Woodlake, the town of Atherton, and the unincorporated areas of Butte, Kings, San Joaquin, San Luis Obispo and Yuba Counties.
In the San Francisco Bay Area, 78 cities previously offered HERO. With eight new municipalities launching in the Bay Area, and 11 others across the region, HERO significantly expanded its availability in Northern California.
Over the four-year history of the program, HERO has financed efficiency improvement projects at 60,000 homes throughout California.
Mayor David Haubert of Dublin noted:
“There is ample evidence that PACE financing is a valuable tool for local governments looking to engage residents in efforts to use water and energy more efficiently, Here in Dublin, we have made HERO Financing available to local residents to provide another quality option for our residents to choose from.”
As a partner with local government, PACE financing includes consumer protection safeguards not found in other payment options like credit cards or home equity loans. For example, the HERO Program will only pay a contractor after the homeowner signs off that the job has been completed to their satisfaction. Contractors must be licensed with the state and in good standing with HERO; all required permits must be submitted; products and labor must meet fair pricing standards; and homeowners must use products certified as efficient by the U.S. Department of Energy or water-conserving by the Environmental Protection Agency.
Blair McNeill, Vice President of Community Development for Renovate America commented: “The HERO Program partners with the public sector to support a program with strong consumer protections and local economic and environmental impact—at no cost to taxpayers. The program has been proven to create jobs while helping communities reach their emissions and water use reduction targets. With HERO, a broad range of homeowners can be a part of the climate change solution, while making their homes more safe and comfortable and potentially cutting energy and water bills.”