COUNTY:
Palm Beach
West Palm Beach
FRED Membership:
Member
Status:
Active
MEMBER REQUIREMENTS
Reporting:
Yes; Quarterly
Disclosure(s):
Required
Additional Requirements:
Variable rates not allowed. All mortgage-related debt on the Property may not exceed 90% of the Property’s fair market value (“FMV”), or assessed value if market value data is unavailable or unreliable, at the time of initial approval. Consumer Protection includes The 3-day right to cancel the financing. See the full ordinance requirements in the muni-code link below.
Items related to Data Security or Privacy:
The PACE program shall have and maintain a privacy policy that complies with state and federal law and, in particular, shall provide a property owner the ability to opt-out of having the property owner's information shared with third parties, except where expressly permitted by state and federal law.
Pending