Finance
Oregon's Oregon PACE (Property Assessed Clean Energy) program allows property owners to finance energy improvements that are repaid through:
AMonthly payments to the state energy fund
BAnnual assessments added to their property tax bill✓ Correct
CEquity lines secured by the property
DFederal energy tax credits applied to the loan balance
Explanation
PACE financing allows property owners to finance energy efficiency and renewable energy improvements with the loan repaid through an assessment added to their property tax bill. This is an encumbrance that must be disclosed in real estate transactions.
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