HERO and CaliforniaFIRST - Property Assessed Clean Energy (PACE) Programs Now Available for Richmond Homeowners
Richmond homeowners are now eligible to participate in two Property Assessed Clean Energy (PACE) programs: HERO and CaliforniaFIRST. PACE financing enables homeowners to make energy- and water-efficiency improvements and pay for them through their property tax bill. Property owners repay the assessment over 5 to 20 years and the interest is tax-deductible. Homeowners can use PACE financing to renovate projects that can increase their property values, lower their monthly utility bills, and contribute to making our community more energy independent.