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Clean Energy Loans Backfired in Missouri. Will Ohio Be Different?

Join ProPublica reporters for a conversation about their investigation of state-supported “clean energy” loans that put some borrowers at risk of losing their homes.

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This fall, local governments across Ohio are considering expanding a residential clean energy loan program, known as Property Assessed Clean Energy or PACE, which is intended to help homeowners make energy-related improvements and lower their utility bills. A pilot of the program recently won praise in Toledo.

But a recent ProPublica investigation found that a similar program in Missouri left some homeowners who participated in the program at risk of losing their houses, and that flawed loans disproportionately affected homeowners in majority-Black neighborhoods. Through a comprehensive analysis, ProPublica found that more than 100 homes with PACE loans in metropolitan Kansas City and St. Louis were at risk of being sold at public auctions after their owners fell at least two years behind on repaying their loans.

What were the differences in these two approaches, and what can Ohio learn from Missouri's experience? Join ProPublica reporters Jeremy Kohler and Haru Coryne as they address these questions and more in a live virtual event moderated by Deputy Midwest Editor Steve Mills. Do you have a question for our reporters? Register and submit your questions today.

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