renovate america

Founded in 2009, Renovate America, Inc. was a leading provider of Property Assessed Clean Energy (PACE) financing through its HERO (Home Energy Renovation Opportunity) Program. This program allowed homeowners to finance energy-efficient and renewable energy upgrades, such as solar panels and high-efficiency HVAC systems, by adding the cost to their property tax bills as a special assessment. The company's mission was to help homeowners create more energy-efficient and sustainable homes. At its peak, it was the largest PACE lender in the United States, but it faced significant regulatory scrutiny and lawsuits over its lending practices before ultimately filing for bankruptcy and ceasing operations in late 2020.