Eco-Friendly Financing Arrives in Lawndale
In a significant move towards sustainability, the Lawndale City Council has approved the use of Property Assessed Clean Energy (PACE) financing, allowing homeowners to fund energy-efficient home improvements. This was made possible during a vote on October 6, 2025, marking Lawndale as a proactive participant in the statewide initiative aimed at promoting green energy solutions.
Home Run Financing (HRF), a leader in the PACE financing space, will oversee this program in Lawndale. Joining over 340 cities in California that have already adopted the PACE model, Lawndale is set to empower its residents, particularly low-income families, with options to enhance their homes through sustainable upgrades.
City Councilmember Bernadette Suarez emphasized the importance of this initiative, stating, "By partnering with the private sector through the PACE program, the City of Lawndale is giving residents – especially families with limited incomes – real options to upgrade their homes for energy efficiency, water conservation, and upfront cost savings."
The Benefits of PACE Financing
PACE financing is specially designed to help homeowners fund projects that conserve energy and water through various upgrades, including roofing, HVAC systems, solar panel installation, earthquake resilience measures, and water-saving solutions. In light of California's rising energy costs and ongoing drought issues, many homeowners are seeking innovative ways to reduce their utility bills and conserve resources. The Lawndale initiative provides them with a viable financing option.
According to Robert Giles, CEO of Home Run Financing, "It's great to see another city adding PACE to its toolkit for making their community safer and more energy- and water-efficient." He emphasizes that this program is not just an opportunity; it's a necessary step toward addressing pressing environmental challenges faced by many homeowners.
In addition to financial support, HRF also prioritizes inclusivity by providing Spanish-language materials and resources, appealing to the substantial Hispanic/Latino population in California. The company is dedicated to ensuring communication is clear and accessible, thus better serving the community.
Consumer Protection Measures
Safety and consumer protection are paramount in the PACE financing process. All financing is made available only through registered and trained contractors. California state regulations reinforce this with stringent consumer protections designed to safeguard homeowners throughout the financing process. These include identity verification, thorough communication of financing terms, and strict oversight of contractor practices.
The commitment to consumer protection ensures that buyers are not only protected from scams but also provided with a clear understanding of their financial commitments and the projects themselves. Bilingual support further enhances the accessibility of these protections.
A PACE Toward Sustainable Change
Home Run Financing has seen significant success in its operations across California, providing more than $630 million in PACE funding over the past nine years. This funding has resulted in over 20,300 home improvement projects, collectively reducing greenhouse gas emissions equivalent to removing nearly 59,000 cars from the road for an entire year. Furthermore, the water savings realized through these upgrades amount to a staggering 288 million gallons, reflecting an essential step toward sustainable living in California's challenging climate.
With the introduction of PACE financing in Lawndale, the community stands at the forefront of a vital movement toward energy efficiency and environmental responsibility. This financial model serves as a powerful tool for homeowners looking to invest in their properties, enhancing not only their living conditions but also contributing positively to the environment and economy.
For more information about the PACE program and Home Run Financing, homeowners can visit
www.homerunfinancing.com.