HERO Program Launching in Kansas City, Missouri, and Jackson County to Finance Home Energy Improvements. KANSAS CITY, Mo., Sept. PRNewswire/ - - Starting Thursday, the HERO Property Assessed Clean Energy (PACE) Program will be available to homeowners in Jackson County and Kansas City, Missouri. Information and Reviews about Harrah's North KC Poker Room in Kansas City. Harrah's North Kansas City. Rewards Players Card program that you will be. HERO financing enables homeowners to make energy improvements and to pay for them over time through their property tax bill. HERO financing payments may have tax benefits, and many homeowners see immediate savings on utility bills by investing in efficiency or renewable energy upgrades. HERO, which stands for Home Energy Renovation Opportunity, is the largest residential PACE program in the United States and has already helped tens of thousands of homeowners lower utility bills by replacing HVAC systems, upgrading windows and doors, adding insulation, going solar, and more. HERO is becoming available to Missouri communities that join the Missouri Clean Energy District (MCED). Kansas City, Missouri, and Jackson County were among the first communities to join MCED, and their residents will have access to HERO beginning September 1. Homeowners interested in applying for HERO financing or who wish to learn more should visit www. Each year, one in six homeowners replaces a system in the home that affects energy consumption. Most of the time, they choose a less efficient option based on upfront sticker price, instead of factoring in the total cost of owning and maintaining the product or system over the course of its useful life. By financing only efficient solutions, HERO converts the moment when a homeowner needs to replace or upgrade a failing system into an opportunity to upgrade a community's housing stock – meaning more American homeowners gain access to renewable energy and energy efficiency. HERO funds 1. 00 percent of the home improvement, requiring no upfront cash outlay, and HERO interest rates are fixed and competitive with other options. The term of the financing is based on the useful life of the product, up to 2. Interest on HERO payments may be tax- deductible, and a recent study showed homes with PACE assessments recovered 1. Highest Level of Consumer Protections in Home Improvement Industry. The HERO Program is run by Renovate America and MCED, which work in close partnership with cities and counties. Because of the nature of the public- private partnership, HERO financing includes additional requirements to protect consumers not found in other payment options like credit cards or home equity loans. For example, HERO will only pay a contractor after the homeowner signs off that the job has been completed to their satisfaction. Contractors must have a good track record, products and labor must meet competitive pricing standards, and homeowners select from products that meet local, state and federal government efficiency standards. HERO also provides post- funding support no other financing options would, including dispute resolution between homeowners and contractors and free assistance when it comes time to sell or refinance with a HERO assessment still in place. The FBI has commended Renovate America for helping put a fraudulent telemarketer in prison in 2. Real Results for Missouri. Missouri is on the leading edge of states making HERO available to residential property owners. The PACE model originated in California, where HERO has helped fund more than $1. PACE is starting to flourish in Florida as well. Renovate America estimates that homeowners will see more than $3 billion in utility- bill savings over the lifetime of the products installed to date using HERO financing. By stimulating home renovation activity, the HERO Program increases demand for contractor services and boosts the local economy. Renovate America estimates the program has spurred the creation of more than 1. California since launching in December 2.
HUD > State Information > Kansas > STATES > HOME Contacts: Kansas - Affordable Housing - CPD HOME. City of Kansas City Ms. The Kansas City Star newspaper in Kansas City. Serving the Kansas City Metro, KansasCity.com has local, breaking, weather, traffic, crime. Through the HERO Program's exclusive PACE partnership with the Electric & Gas Industries Association (EGIA), participating contractors can receive additional member benefits through the EGIA marketplace. About Renovate America. Renovate America partners with state and local governments to offer HERO, a property assessed clean energy (PACE) financing program, to communities. HERO is the leading residential PACE program in the U. S. This unique public- private partnership offers consumers access to financing for more than 6. The HERO Program has received a number of recognitions including a Climate Leadership Certificate for Innovative Partnerships by the U. S. Environmental Protection Agency, inclusion in the 2. White House Water Summit, the Governor's Environmental and Economic Leadership Award in California, and the Urban Land Institute Best of the Best. About Missouri Clean Energy District. The Missouri Clean Energy District is a statewide political subdivision established to provide unlimited capital to fund energy efficiency and renewable energy projects through PACE financing. Property owners – both public and private – in member communities may apply for PACE financing for energy- saving upgrades and retrofits to their property. Missouri communities may join the District to make funding available to all property owners within their jurisdiction. There is no membership cost to local governments and no fiscal risk, because no public funds are used for financing. Logo - http: //photos. LOGO To view the original version on PR Newswire, visit: http: //www.
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