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CFPB | RIN: 3170-AA84 | Publication ID: Fall 2018 |
Title: ●Property Assessed Clean Energy Loans | |
Abstract:
The Economic Growth, Regulatory Relief, and Consumer Protection Act directs the Bureau to conduct a rulemaking to develop standards for assessing consumers’ ability to repay "Property Assessed Clean Energy” financing (PACE), which results in a tax assessment on a consumer’s home and covers the costs of home improvements, often to increase energy efficiency. The Act directs that such requirements account for the unique nature of PACE financing. The Bureau is expecting to complete an assessment of its 2013 rules for assessing consumers’ ability to repay mortgage loans by January 2019, which will inform the drafting of a request for information or advance notice of proposed rulemaking on PACE issues to facilitate the Bureau’s rulemaking process. |
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Agency: Consumer Financial Protection Bureau(CFPB) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: Undetermined | Unfunded Mandates: Undetermined |
EO 13771 Designation: Independent agency | |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: Not Yet Determined |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Mark Morelli Office of Regulations Consumer Financial Protection Bureau Washington, DC 20552 Phone:202 435-7700 |