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Missouri Lawmakers Approve Reforms To Controversial Clean Energy Loan Program

ProPublica
Lawmakers approved consumer protections and oversight to PACE loans that have disproportionately burdened borrowers in Black neighborhoods.
A legislative measure that would add consumer protections and oversight to programs that make high-interest “clean energy” loans in Missouri will go to the governor for his signature, after the state House on Wednesday voted overwhelmingly to pass it. A
ProPublica investigation found the programs disproportionately burden borrowers in predominantly Black neighborhoods.
The House voted 137-12 on the proposal, with two members voting “present.” The
The measure would require that residential Property Assessed Clean Energy programs be reviewed by the state Division of Finance at least every other year. Currently, PACE programs have to submit annual reports to the state, but ProPublica’s investigation found there was little oversight. ....

United States , Bruce Degroot , Mike Parson , Doug Clemens , David Pickerill , Property Assessed Clean Energy , Ygrene Energy Fund , Missouri Clean Energy District , Kansas City , Finance Division , Charles County , மிச Ou ரி , ஒன்றுபட்டது மாநிலங்களில் , காயங்கள் டிக்ரூட் , மைக் பார்சன் , டக் கிளெமென்ஸ் , டேவிட் பிக்கரில் , ப்ராபர்டீ மதிப்பீடு செய்யப்பட்டது சுத்தமான ஆற்றல் , மிச Ou ரி சுத்தமான ஆற்றல் மாவட்டம் , கன்சாஸ் நகரம் , நிதி பிரிவு , சார்லஸ் கவுண்டி ,

Missouri Lawmakers Approve Reforms To Controversial Clean-Energy Loan Program

This story was originally published by ProPublica.
A legislative measure that would add consumer protections and oversight to programs that make high-interest “clean energy” loans in Missouri will go to the governor for his signature, after the state House on Wednesday voted overwhelmingly to pass it. A
ProPublica investigation found the programs disproportionately burden borrowers in predominantly Black neighborhoods.
The House voted 137-12 on the proposal, with two members voting “present.” The
The measure would require that residential Property Assessed Clean Energy programs be reviewed by the state Division of Finance at least every other year. Currently, PACE programs have to submit annual reports to the state, but ProPublica’s investigation found there was little oversight. ....

United States , Bruce Degroot , Mike Parson , Doug Clemens , David Pickerill , Property Assessed Clean Energy , Ygrene Energy Fund , Missouri Clean Energy District , Kansas City , Finance Division , Charles County , மிச Ou ரி , ஒன்றுபட்டது மாநிலங்களில் , காயங்கள் டிக்ரூட் , மைக் பார்சன் , டக் கிளெமென்ஸ் , டேவிட் பிக்கரில் , ப்ராபர்டீ மதிப்பீடு செய்யப்பட்டது சுத்தமான ஆற்றல் , மிச Ou ரி சுத்தமான ஆற்றல் மாவட்டம் , கன்சாஸ் நகரம் , நிதி பிரிவு , சார்லஸ் கவுண்டி ,

Missouri Lawmakers Approve Reforms to Controversial Clean-Energy Loan Program

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The measure would require that residential Property Assessed Clean Energy programs be reviewed by the state Division of Finance at least every other year. Currently, PACE programs have to submit annual reports to the state, but ProPublica’s investigation found there was little oversight. ....

United States , Bruce Degroot , Mike Parson , Doug Clemens , David Pickerill , Property Assessed Clean Energy , Ygrene Energy Fund , Missouri Clean Energy District , Kansas City , Finance Division , Charles County , மிச Ou ரி , ஒன்றுபட்டது மாநிலங்களில் , காயங்கள் டிக்ரூட் , மைக் பார்சன் , டக் கிளெமென்ஸ் , டேவிட் பிக்கரில் , ப்ராபர்டீ மதிப்பீடு செய்யப்பட்டது சுத்தமான ஆற்றல் , மிச Ou ரி சுத்தமான ஆற்றல் மாவட்டம் , கன்சாஸ் நகரம் , நிதி பிரிவு , சார்லஸ் கவுண்டி ,

State-Supported "Clean Energy" Loans Are Putting Borrowers At Risk of Losing Their Homes — ProPublica

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published.
Diana Thomas needed a new furnace and four small basement windows for her two-story home on the east side of Kansas City. But she had little cash and bad credit.
In late 2016, a contractor told her about a loan program that required no money down and would let her pay off the balance over time as part of her annual property tax bill. Her first payment wouldn’t be due until the end of the following year. ....

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