News in the ongoing effort to restore PACE, the promising clean energy financing program that ran into hurdles put up by FHFA.

NRDC (here and here) and Forbes have the backstory details, but the short story is this: federal agencies are supposed to provide notice and allow for stakeholder input before making big decisions; after the FHFA issued their rulings on PACE, which had the effect of stopping the many municipalities and counties from going forward with their  programs, the California AG and others sued, saying (among other things) that FHFA acted hastily and didn’t follow required procedure; the judge agreed, and ordered them to go back do so.   And so now they are.

Here’s the Advance Notice of Proposed Rulemaking.

This gives PACE advocates and those 27 states with PACE-enabling legislation the chance to make their case on the merits, and have a fact-based discussion.  So much more fun than regulation by fiat.  There’s a 60-day comment period that ends March 26.

PACEnow has materials to help interested parties comment; we’ll develop some and share as well.  Stay tuned.