Counterpointe Sustainable Real Estate Approved in Broward County
Boca Raton, FL
Broward County Commissioners recently voted to make Counterpointe Sustainable Real Estate – one of the leading property assessed clean energy (PACE) programs in the country – available to Broward County residents and businesses. The CounterpointeSRE Program makes energy and wind mitigation renovations affordable for property owners by providing financing for 100% of the project and closing costs. The financing is repaid through an assessment on your property tax bill for a term of up to the useful life of the improvements, up to 30 years.
The Program can help property owners reduce insurance premiums and protect themselves against the next hurricane by financing hurricane protection property upgrades like new roofs, strapping, storm windows, doors and shutters.
In addition to helping property owners save on energy and insurance bills, PACE Programs spur local job creation by increasing demand for contractors and supplier services. The Programs are expected to create more jobs in Broward County.
A wide variety of energy-saving products are available to property owners. Some of the Programs’ most popular products include solar power, whole-home heating and cooling (HVAC) systems, energy-saving windows and doors, roofing and insulation.
The Programs can help property owners reduce insurance premiums and protect them against the next hurricane by financing hurricane protection property upgrades like new roofs, strapping, storm windows, doors and shutters.
“Our Programs are making a big impact on job creation and economic stimulus throughout Florida” said C.J. De Santis, Head of Governmental Relations. “We have a strong track record and will make it easy for local residents and business to make improvements that increase their comfort and save money. Based on our experience in other PACE communities, we expect to see a high level of interest from homeowners and businesses.”
Participation is 100 percent voluntary for both municipalities and property owners. A growing number of cities and counties are partnering with multiple PACE providers to increase financing choices available to consumers.
The AllianceNRG Program and CounterpointeSRE are sponsored by the Florida PACE Funding Agency (FPFA), the largest PACE program in Florida. The FPFA is a governmental agency established in 2011. The AllianceNRG Program and Counterpointe SRE are now available in over 74 cities and 16 counties in Florida to more than 6.2 million people, representing approximately 31% of the state’s population.
For more information, please visit www.CounterpointeSRE.com.
About Counterpointe Sustainable Real Estate Florida
The CounterpointeSRE Program is the largest PACE program in Florida and is the third party administrator for the Florida PACE Funding Agency (FPFA). FPFA was created in 2011 for the sole purpose of leveraging the advantages of an independent statewide approach to PACE financing. CounterpointeSRE currently operates in 16 states including California, Florida, Texas, and Connecticut. In California, CounterpointeSRE is a program of the California Statewide Communities Development Authority’s Open PACE Program. For more information, please visit www.CounterpointeSRE.com, or call (855) 431-4400 or (561)-409-0343 if you are a county or city.