Renew Financial Announces City of Loomis, CA Joins Residential PACE Program
Loomis is a vibrant town located in Placer County with an estimated population of approximately 6,900 residents. Nearly 90% of housing units in Loomis are single-family homes, making the community an ideal fit for Residential PACE enhancements and improvements that help homeowners invest in safer, more efficient housing.
Residents in Loomis can now take advantage of PACE financing to fund improvements such as:
● Energy-efficient HVAC systems, windows, and doors
● Cool roofing and insulation
● Earthquake protection upgrades
● Water-conserving systems and more
PACE financing allows homeowners to pay for eligible upgrades through their property tax bill over time, with $0 down, no credit score requirements, and long-term, fixed payments.
“Renew Financial is thrilled to welcome the City of Loomis to the growing list of communities that have embraced Residential PACE,” said Vinay Gupta, Chief Executive Officer at Renew Financial. “This program helps homeowners overcome upfront cost barriers, making critical home improvements more accessible while strengthening community resilience and sustainability.”
Loomis joins a growing roster of California jurisdictions that have recently opted into the Residential PACE program, including Lawndale, Santa Maria, Lincoln, Mountain House, Willows, Hawthorne, Calabasas, and Rocklin — broadening PACE access across diverse regions of the state.
Renew Financial continues to support local governments in authorizing PACE and educating homeowners about the benefits of long-term, property-secured financing. With its expanded footprint in California, Renew Financial remains committed to driving energy efficiency and climate resilience throughout the state.
For more information about Loomis PACE eligibility and available improvements, visit: renewfinancial.com
About Renew Financial
Renew Financial Group LLC (Renew Financial) is a leading residential Property Assessed Clean Energy (PACE) financing provider in Florida and California (PACE Program Administrator License #60DBO-90653). Focusing on community impacts, Renew Financial is committed to driving resiliency and environmentally beneficial projects through the residential PACE program. Renew Financial has funded more than $2 billion in PACE projects, resulting in greenhouse gas reductions (GHGs) of over 2 million metric tons, equivalent to removing approximately 431,000 cars from the road. These projects have also contributed to the creation of nearly 27,000 local jobs and savings of over 2.7 billion gallons of water. Renew Financial is a trademark of Renew Financial Holdings, Inc.
Pamela Rodriguez
Renew Financial
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