Category: Advance notice of proposed rulemaking
Advance Notice of Proposed Rulemaking on Residential Property Assessed Clean Energy Financing
The Bureau of Consumer Financial Protection (Bureau) is issuing this advance notice of proposed rulemaking (ANPR) to solicit information about residential Property Assessed Clean Energy (PACE) financing. Section 307 of the Economic Growth, Regulatory Relief, and Consumer Protection Act amends the Truth in Lending Act to require the Bureau to prescribe certain regulations for PACE financing, including ability-to-repay and civil liability requirements, that account for the unique nature of PACE financing. The Bureau will consider information provided in response to the ANPR to develop a Notice of Proposed Rulemaking to implement section 307.
Advance notice of proposed rulemaking
Read it in the Federal Register