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Update on FHFA Rulemaking on PACE

PACE programs have been waiting for the FHFA to finalize their court-ordered rulemaking on residential PACE efforts (background here). Today, the court approved FHFA’s request for an extension of the deadline for issuance of the final rule to September 16, 2013. FHFA must submit a status report by June 1, 2013. The status report must include a discussion of the status of the rulemaking and, in addition, the FHFA’s view of its compliance obligations under NEPA.

Document here (pdf), if you are interested.

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