Bet Tzedek is thrilled to announce that the County of Los Angeles has ended its controversial Property Assessed Clean Energy (PACE) financing program, which was intended to help Angelenos make energy-efficient home improvements but instead became a breeding ground for consumer fraud and abuse. For the last several years, Bet Tzedek has been inundated by Continue Reading »
Facing a current pandemic, housing crisis, and potential loss of income, no one should have to worry about predatory loans or losing their home. We urge the LA County Board of Supervisors to immediately act to protect the thousands of low-income LA County homeowners at risk of foreclosure during the COVID-19 crisis. We’ve banded together Continue Reading »
In the words of Bet Tzedek Attorney Jenna Miara, “There is a much better way to get green energy improvements in LA County. It cannot be on the backs of low-income consumers who get saddled with these loans that are tied to their homes.” KCRW reporter Anna Scott writes about Property Assessed Clean Energy (PACE), Continue Reading »
Read the full LA Times Article about the class action lawsuits filed by Bet Tzedek, Public Counsel and Irell & Manella today.
Watch Full Press Conference Here: https://youtu.be/mGrz_qL4LO0 FOR IMMEDIATE RELEASE: April 12, 2018 Media Contacts: Joshua Busch, Public Counsel, 310-991-2503, firstname.lastname@example.org Kristy Werness, Irell & Manella LLP, 310-203-7185, email@example.com Allison Lee, Bet Tzedek, 323-549-5813, firstname.lastname@example.org Attorneys for plaintiffs compare “Property Assessed Clean Energy” loans to subprime mortgage crisis – cite missing consumer protections such as ability to Continue Reading »
Today’s article in the Los Angeles Times regarding two bills heading to Governor Jerry Brown’s desk that would help boost consumer protections around PACE home loans shines an important light on the need to address some serious problems in the PACE programs. Bet Tzedek is pleased that the California Legislature has recognized that PACE financing and Continue Reading »