Community Development Innovation Review
March 2014
«
Past issues
Can Cities Lead the Way in Innovative Energy Retrofits for Single-Family Homes?
The American Recovery and Reinvestment Act of 2009 pointed to an era of expanded energy efficiency, one that, as the well-known McKinsey’s carbon abatement curve posits, would in effect be self-financing. The “Recovery through Retrofit Report” from the Vice President’s office in late 2009 detailed a distinct financing mechanism, Property Assessed Clean Energy (PACE), which would “enable the costs for energy efficiency retrofits to be added to an owner’s property tax bill… which takes the same priority as traditional property tax liens and assessments.” The Harvard Business Review would round out the year by identifying PACE as one of 10 “Breakthrough Ideas for 2010.” The future looked exceedingly energy efficient. However, behind the promise lurked several issues.
Download the article (pdf, 147.14 kb)
Other articles in this issue
The Future of the Clean (Green) Economy
Cleaner Energy and Health: Household, Local and Global Benefits
Financing Energy Efficiency Retrofits of Affordable Multifamily Buildings
Manufactured Homes Help Both Save the Planet and Save Money for Low-Income Owners
Home Energy Efficiency and Mortgage Risks: An Extended Abstract
Charter Schools Ripe for Green Investments
Neighborhood Health: A New Framework for Investing in Sustainable Communities
Bringing Down Green Financing Costs: How a State-sponsored Bank Might be the Key
Understanding the True Benefits of both Energy Efficiency and Job Creation
Lenders’ Property Standards and Energy Efficiency: The Vital Link for Affordable Housing
Energy to Heal: Health Care, Climate Change, and Community Resilience