AllianceNRG Program announces 5.99% PACE financing for property repairs after Hurricane Matthew

As a service to property owners impacted by Hurricane Matthew, the AllianceNRG Program is making funds available to residential property owners to assist them in making needed repairs at a 5.99% fixed interest rate which is the lowest in its history.  The AllianceNRG Program, one of the leading property assessed clean energy (PACE) programs in the country, is the third party administrator for the oldest and largest PACE provider in Florida, the Florida PACE Funding Agency (FPFA).  Formerly known as E|Vest, the AllianceNRG Program is currently available to residents and businesses in sixteen counties and ten cities across Florida, including Broward County and Orlando.

Wind resistance, energy efficiency and conservation and renewable energy improvements are made affordable for residential property owners through AllianceNRG Program’s fixed-rate 5.99% financing program which covers 100% of qualified project costs and eligible closing costs regardless of the term of the Assessment.  Different interest rates apply to commercial property owners depending on the term.  The financing is repaid through the owner’s property tax bill, with term up to the useful life of the improvements up to a maximum of 30 years.  Improvements eligible for financing with the AllianceNRG Program include hurricane straps, flood barriers, storm panels, garage door braces, hurricane glass as well as hurricane, accordion, Bahama, colonial shutters and more.

“We recommend property owners take a holistic approach to wind mitigation in order to prepare their properties to withstand a hurricane.  Besides lowered energy bills, they often see reductions in property insurance premiums for mitigation efforts such as installing hurricane shutters, reinforcing roof-to-wall connections and garage door bracing,” noted Paul Handerhan, Senior Vice President, Public Policy, for the Florida Association for Insurance Reform.

Interested property owners can check if their property is eligible at www.AllianceNRG.com.  Application and approval is fast and easy online.  If PACE is not available in your community, contact your County Commission.

About AllianceNRG Program Florida

The AllianceNRG Program is the largest PACE program in Florida. The AllianceNRG Program currently operates in Florida and California. In California the AllianceNRG Program is a program of the California Statewide Communities Development Authority’s Open PACE Program.

For more information, please visit www.AllianceNRG.com, or call (855)509-9922 if you are a residential property owner, (855)431-4400 if you are a commercial property owner, or (561)409-0343 if you are a county or city.