Innovative Form of Financing Now Available in WillowsAfter City Council Votes
The Willows City Council voted unanimously on Tuesday to allow their homeowners to access Property Assessed Clean Energy (PACE) home improvement financing through industry leader Home Run Financing (HRF). Willows, the county seat, joins Orland and the unincorporated areas of Glenn County in making HRF PACE Funding available to homeowners.
https://mma.prnewswire.com/media/1558380/Home_Run_Financing_Logo.jpg
“As the Central Valley continues to get hotter and drier, people need access to financing to make their homes more energy and water efficient,” said Home Run Financing CEO, Robert Giles. “It's great that the majority of people in Glenn County will now have this additional financing option for making important energy and water upgrades to their homes.”
California homeowners are also looking for ways to reduce utility bills in the face of rising energy costs, both by installing renewable energy systems like solar panels, and by installing more efficient (less leaky) windows and doors and roofs. Drought remains a perennial problem in California and more and more homeowners are looking for additional ways to fund home upgrades to save water. PACE Financing is specifically designed to be used for such water and energy saving projects.
“This vote by the City Council gives Willows residents more opportunity to improve their homes,” said Councilmember Gary Hansen. “And adding PACE financing to our toolkit is going to help build our community resilience and upgrade our housing stock.”
More than 15 million people in California – almost 40 percent of the population – are Hispanic/Latino, and Spanish is the primary language for many of these people. HRF is committed to working with Spanish-speaking homeowners and contractors. All materials are available in Spanish, from the website and homeowner contracts and financing documents to contractor guidance materials. There are bilingual staff in California to partner with contractors on an ongoing basis. HRF's customer service call center is also staffed with bilingual employees.
PACE Financing is available only through registered and trained contractors. State legislation and regulation by the state Department of Financing Protection and Innovation (DFPI) provides robust consumer protections for homeowners, includingability to pay tests; homeowner identity verification measures; recorded confirmation of terms calls conducted in English or Spanish to ensure the homeowner understands the financing; a further recorded call in English or Spanish to verify the project is complete before the contractor gets paid; third-party inspection of completed projects; rigorous contractor oversight and training; and additional protections for the elderly and low-income homeowners, among several other stringent consumer protection measures.
In the nine years Home Run Financing (previously PACE Funding Group) has been operating in California, the company has provided more than $600 million in PACE financing for more than 19,500 home improvement projects across the state. These projects have set in place greenhouse gas reductions, over the lifetime of the upgrades, of 230,500 metric tons, equivalent to taking almost 53,800 cars off the road for a year or powering 31,000 homes for a year. The water efficiency upgrades have set in place the conservation of 253 million gallons of water, equivalent to filling 12,000 backyard pools or taking 10 million five-minute showers. HRF-financed projects have created 5,400 good-paying jobs across the state.
Learn more at www.homerunfinancing.com.
CONTACTSevern Williams, 510-336-9566sev@publicgoodpr.com
https://c212.net/c/img/favicon.png?sn=SF39954&sd=2025-08-04
View original content to download multimedia:https://www.prnewswire.com/news-releases/homeowners-in-willows-can-now-fund-hvac-roofing-renewable-energy-ev-charging-and-water-saving-projects-through-property-assessed-clean-energy-pace-financing-with-home-run-financing-302517017.html
SOURCE PACE Funding Group LLC.
https://rt.newswire.ca/rt.gif?NewsItemId=SF39954&Transmission_Id=202508040900PR_NEWS_USPR_____SF39954&DateId=20250804