Renew Financial PACE funding program expands to Palm Springs
Written By: Stratton Report
May 6, 2016
On May 6, Renew Financial announced that the City of Palm Springs is the latest community to offer Renew Financial’s CaliforniaFIRST program.
After the recent vote by the City Council, CaliforniaFIRST’s PACE financing program offers residential and commercial property owners financing options for renewable energy and energy efficiency upgrades, as well as water efficiency measures, and electric vehicle (EV) charging infrastructure.
Renew Financial was founded in 2008 by Cisco DeVries, who created the concept of the Property Assessed Clean Energy (PACE) financing model, Renew Financial’s other financing products include residential unsecured loans (ReHome), utility on-bill financing, and others.