SARASOTA — Sarasota County Commissioner Mike Moran has been named executive director of the Florida PACE Funding Agency.
The FPFA is a multi-governmental agency “devoted to helping Florida residents get affordable, long-term financing for structural improvement to their homes and business through an innovative financing tool commonly known as Property Assessed Clean Energy, or PACE Financing,” according to a release.
The statewide PACE program allows homeowners to finance home improvement projects tied to energy efficiency and hurricane hardening through assessments paid on their property tax bills, the release adds.
“All of us at the Florida PACE Funding Agency see an opportunity to have a major influence on helping Florida residents secure funding for energy-efficient home improvements, and we are thrilled to have Mr. Moran help us in this exciting stage of growth,” said Board Chairwoman Barbara Revels. “I’m really excited about this next step for the agency and I can’t wait to see where we can go.”
Moran, first elected to the county commission in 2016, has a background in finance as well as licenses in both insurance and real estate, the release states. As executive director, he succeeds FPFA founding executives Mike Steigerwald and Donald Smallwood.
“I am honored to help this amazing organization realize its full potential,” Moran says in the release. “They have done some amazing work and I look forward to growing the program so every resident in Florida knows of this fantastic opportunity for financing.”