Commissioners Court hears presentation of Texas PACE Program financing for critical improvements

The Texas Pace Program, if approved by the County, would create am option for property owners to finance improvements—like energy-efficient HVAC systems, solar panels, and water conservation measures

Texas PACE Authority President Charlene Heydinger

by Michael Robinson |Uvalde Hesperian

Top Photo: File Photo from the Uvalde County Commissioners Court

04-14-25

Texas PACE Authority President Charlene Heydinger presented an overview of the Texas PACE Program to the Uvalde County Commissioner’s Court this morning on Monday, April 14th, 2025.

“There are no taxpayer dollars involved. It’s completely voluntary,” Heydinger said.

The problem we are trying to solve is the equipment that makes property more energy efficient or more importantly saves water, is very expensive and has a long return on investment.   So, if you are going to put a new roof on a building and it’s not going to break even in 10 years and the bank wants it paid back in 5… There is a cash flow problem,” she said.

 According to Heydinger, the program applied to business, commercial property and residential property for multi-family use.

 Texas PACE Authority Wins Approval to Provide Financing for HUD and FHA Multi-Family Projects in Texas – Texas PACE Authority

The article states: “Approved by the state legislature in 2015, and established by 83 local governments, the Texas PACE Authority’s programs enable building owners to lower their operating costs and use the savings to pay for eligible water conservation, energy efficiency, resiliency, and distributed generation projects. Owners gain access to private, affordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues.

Since 2013, the Texas PACE Authority helped mobilize more than $362 million of PACE financing for energy and water efficiency projects across Texas. More than a third of that amount, over $125 million, was used for multifamily properties. Many of these projects also received historic tax credits and other incentives.

With additional energy efficiency tax deductions offered under the Inflation Reduction Act and other federal incentives also on the table, Heydinger said the addition of PACE for HUD and FHA multifamily properties “will be a much-needed game changer for scaling efficiency efforts in affordable housing in Texas.”

Heydinger’s delivered an informational overview of the Texas PACE Program and no vote was taken at today’s Uvalde County Commissioners Court.

STEPS for Local governments to establish a PACE Program:

from How-to Create a TX-PACE Region:
A Guide for Local Government see full .pdf below:

Within those three steps, referenced in Figure 5, there are four items in the Adoption step that
the PACE Act requires a local government to complete in prescribed order to establish a PACE
program:

  1. Initiation
  2. Preliminary region development including concept socialization and recruitment of key program
    participants
  3. Adoption (requirements)
  4. Publish a report and make it available for public inspection
    3. Adopt a Resolution of Intent to create a program
    4. Hold a public hearing
    5. Adopt a resolution establishing the program
  5. Implementation
  6. Establish program administration

pace-guide

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