Professional Realtor Trade Association Expressed Support for the
Benefits PACE Can Offer Local Community, Residents

PETALUMA, Calif.–(BUSINESS WIRE)–Ygrene Energy Fund, a national leader in residential and commercial
clean energy financing, today announced that Property Assessed Clean
Energy (PACE) programs have received the endorsement of the Space Coast
Association of REALTORS®, the professional trade association
representing more than 4,000 REALTORS and 350 affiliated business
partners in Brevard County, FL.

“PACE has shown the potential to generate tremendous economic benefits
at zero cost to the local governments when it is made available,” states
the letter of support, penned by Lynn Jones, President of the Space
Coast Association of REALTORS®. The letter, which was
addressed to the elected officials of Brevard County, went on to state:
“In fact, $10 million in PACE funding can create 150 new jobs, generate
$25 million in gross economic output and produce $2.5 million in
combined federal, state and local tax revenue.”

Hailed as one of the top 20 “world-changing” ideas by Scientific
American Magazine, PACE financing is an innovative program that enables
property owners to obtain 100 percent financing for seismic retrofits,
energy- and water-saving upgrades, onsite renewable energy generation
projects and, in some areas, hurricane protection and EV charging
stations. Payments are made with property taxes and repaid over long
terms, up to 20-plus years.

“We are honored to have the support of realtors in Brevard County,” said
Mike Lemyre, Ygrene Senior Vice President, Government Affairs. “This
vote of confidence from the Space Coast Association of REALTORS®
is a positive sign we’re on the right track with our aim to give
property owners the power of choice, the ability to increase the value
of their property, and access to affordable home improvement
opportunities. It’s our hope that elected officials in Brevard County
also see the positive impact PACE financing can have on their community.”

Ygrene PACE financing is currently available in California, Florida and
Missouri. A copy of the letter of support issued by Space Coast
Association of REALTORS® can be viewed in full here.

About Ygrene Energy Fund

Ygrene Energy Fund is a national leader in residential and commercial
clean energy financing. Founded in 2010, Ygrene’s award-winning,
privately funded Property Assessed Clean Energy (PACE) program is
revolutionizing the home improvement industry, making it easier for
property owners to invest in their futures and a healthier
environment. Ygrene is delivering greater choice for home and business
owners by providing accessible and affordable financing for energy
efficiency, renewables, water conservation, storm protection and seismic
upgrades. Recognized as one of the fastest growing asset classes in the
country, PACE has proven to be a successful tool for supporting public
policy initiatives, all without the use of public tax dollars or
credits. To date, Ygrene has provided over $1 billion of private capital
to more than 400 local communities, creating thousands of jobs and
investing millions into local economies across the U.S. Learn more at ygreneworks.com.

Contacts

Ygrene Media:
Sloane & Company
Amanda Coyle,
212-486-9500
[email protected]
or
Zachary
Elvove, 212-486-9500
[email protected]