The HERO Program has become the largest Property Assessed Clean Energy (PACE) financing program in the nation — helping more than 6,000 property owners make upgrades to their homes and reduce energy consumption.
Among the most popular upgrades are whole-home heating and cooling (HVAC), solar power, energy-saving windows, solar thermal (pools and water heating), and insulation, among others.
HERO provides property tax financing to homeowners with no FICO-score requirements at low, tax-deductible interest rates for energy efficient products and installations.
Hero Program Benefits:
A federally sponsored program that would allow you to complete your renovation project with no immediate out of pocket costs! Hold on to your money, use it for other things that may be pressing.
Allows qualifying homeowners to bill their property tax bill for energy saving projects - allowing you to defer your 1st payment until November of 2016
All Hero Projects are tax deductible.... complete your project and it has a positive affect on your end of year taxes! Non-Hero projects receive absolutely "zero" tax deduction!!
May allow you to do larger projects than you had thought you would be able to do.
- Based on the value of your home - not affected by your credit history and it does not affect your credit score