Florida Supreme Court: PACE Foe Has No Standing - Energy Manager Today

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> http://www.energymanagertoday.com/florida-supreme-court-pace-foe-has-no-standing-0116963/ <http://www.energymanagertoday.com/florida-supreme-court-pace-foe-has-no-standing-0116963/>
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> Florida Supreme Court: PACE Foe Has No Standing
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> October 16, 2015 By Carl Weinschenk <http://www.energymanagertoday.com/author/cweinsch/>
> <http://cdn.energymanagertoday.com/assets/fl-pace-logo.png?399986>Property Assisted Clean Energy (PACE) program proponents in Florida got good news yesterday when the Florida Supreme Court rejected a challenge by the Florida Bankers Association <http://www.sun-sentinel.com/business/personal-finance/fl-pace-financing-florida-bankers-20151015-story.html>. The association argued that PACE -based loans would be repaid before mortgages and therefore should be stopped, according to the Sun-Sentinel. The Supreme Court did not directly rule on that issue. Instead, it found that the association had no standing to bring the suit.
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> The story says that the decision removes a hurdle to the approval of PACE financing. That financing already is available in some areas of Miami-Dade County. Broward has been moving more slowly, however.
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> An ongoing PACE project in Florida is in West Palm Beach. Home Appliance and electronics retailer BrandSmart is working through the Florida Green Energy Works Program to perform a $2.225 million energy-efficient retrofit <http://www.energymanagertoday.com/brandsmart-uses-pace-financing-to-upgrade-0116655/> to its outlet.