NAR Joint Trades Letter to HUD and Veterans Affairs Regarding PACE Loans

Issue Date: August 16, 2016


On August 16, 2016 a coalition of Joint Trades sent a letter to Secretary Castro of HUD and Secretary McDonald of the Department of Veterans Affairs. The signatory trade associations, represent the vast majority of mortgage lenders of all sizes and charter types and real estate professionals in the United States. The letter expresses concern over recent actions taken by the Department of Housing and Urban Development on behalf of the Federal Housing Administration, as well as by the Department of Veterans Affairs, with regard to Property Assessed Clean Energy (PACE) loans.