Provides Financing for Home Improvements Including High-Efficiency HVAC
July 31, 2014
Renovate America, a leading provider of residential Property Assessed Clean Energy (PACE) financing, announced that it has raised $50 million in growth equity from new and existing investors. Renovate America partners with local municipalities to provide the Home Energy Renovation Opportunity (HERO) financing program.
The HERO (home energy renovation opportunity) financing program allows homeowners in Western Riverside County to finance home energy and water efficiency improvements through their property taxes. It was announced that $50 million in home energy retrofits have been financed since the program was launched.