"Outlook Dims For Popular Energy-Efficiency Loans"

"A White House-backed program that allows property owners to pay for energy improvements like solar panels or efficient furnaces through an additional assessment to their property taxes may soon be shut down.

The federal agency that oversees mortgage giants Fannie Mae and Freddie Mac has slammed the door on the program — known as PACE, or Property Assessed Clean Energy — saying it poses a risk to mortgage lenders. That has frustrated PACE supporters, who say the program has helped cut down their energy bills and increased the value of their property."

John McChesney reports for NPR's Morning Edition July 26, 2010.

Monday, July 26, 2010