| http://www.w3.org/ns/prov#value | - Implementation of PACE for residential properties ground to a halt when the federal government, which owns most home mortgages in the country, objected to a PACE lien being in first position for payment in the case of mortgage default.Here???s how PACE works: A state or local government establishes, in statute or other policy, that the public purpose of a PACE program (clean and renewable energy,
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