Navigation Links
Counterpointe Sustainable Real Estate Announces Seminar Designed to Help Assisted Living and Nursing Home Facilities Catch Up with Mandatory Generator Rule
Date:8/29/2019

Counterpointe Sustainable Real Estate, a national leader in energy efficiency PACE financing, announced today a digital seminar designed to help more than 750 assisted living facilities and nursing homes in the state of Florida catch up with the mandate for backup generators. A deadline extension for the 2018 law, which followed Hurricane Irma, expired on January 1, 2019. The announcement comes at the onset of hurricane season and in the wake of recent reporting by the Naples Daily News and CBS Miami highlighting non-compliance with the mandatory generator rule.

The digital seminar, “PACE for Mandatory Generator Rule Compliance,” will take place on September 17, 2019 at 1:00 PM EST and will introduce commercial PACE financing as a tailored solution for healthcare facilities to finance energy storage and other resiliency, energy efficiency and renewable measures. A link to register is provided here.

“Since 2014, Counterpointe Sustainable Real Estate has been working with property owners to lower the financial barriers to entry for energy saving and resiliency measures,” stated Michele Pitale, Managing Director at Counterpointe Sustainable Real Estate. “Re-introducing our PACE program to Florida’s nursing home and assisted living facilities can help them protect their residents, particularly when capital constraints are the primary obstacle to compliance with the law.”

As of August 26, 2019, the Agency for Health Care Administration reports that among 3,749 assisted living facilities and nursing homes in the state, nearly 3,000 have an approved emergency power plan, including the availability of a generator, while more than 750 either have a variance allowing for additional time to comply or have no current variance at all. The law requiring generators to be in place was approved by former Florida Governor Rick Scott in March of 2018. Initially, the law stipulated compliance by June 1, 2018 while an extension was granted to January 1, 2019.

“Florida PACE can help get more of these commercial retrofit projects across the finish line without the use of public funding,” stated Mike Moran, executive director of the Florida Pace Funding Agency. “That’s a key benefit of the program for everyone in the community, but most importantly the nursing homes and assisted living facilities could use this program to secure the backup power capabilities required to keep their residents safe.”

Through the PACE program, the local county or municipality allows for the placement of a voluntary tax assessment, as the retrofit is deemed a public good. This assessment is repaid with long term, fixed rates through an additional line item on the property tax statement. This allows property owners to finance improvements while preserving capital and benefiting from off balance sheet treatment. Additionally, assessments are tied to the property so they may be passed through to tenants, are non-recourse to owners and are transferable upon sale of the property.

About Counterpointe Sustainable Real Estate
Counterpointe Sustainable Real Estate is a leading commercial real estate PACE financing provider specializing commercial real estate improvement nationwide from $100,000 to $500,000,000+. Counterpointe Energy Solutions together with its subsidiaries is engaged in implementing, funding, managing and administering PACE programs and is a program administrator in the City of Chicago, California and Florida. For more information, visit counterpointesre.com.

Media Contact
Adam Moskowitz
203.837.7816
amoskowitz(at)counterpointees(dot)com

Product Information Contact
Brandon Alini
203.717.0885
brandon.alini(at)counterpointesre(dot)com

Assisted Living Facilities, Florida, Florida News, Generators, Hurricane Season, Nursing Homes, Storm Readiness

Read the full story at https://www.prweb.com/releases/counterpointe_sustainable_real_estate_announces_seminar_designed_to_help_assisted_living_and_nursing_home_facilities_catch_up_with_mandatory_generator_rule/prweb16535245.htm.


'/>"/>
Source: PRWeb
Copyright©2019 Vocus, Inc.
All rights reserved


Related medicine news :

1. America Recycles Day Is November 15: Lead Batteries Remain Most Recycled Consumer Product in U.S., Most Sustainable Battery Chemistry Overall
2. Little Juice, Low-Sugar, Superfood Juices Boosted With Probiotics and All-Natural, Sustainable Ingredients, Launches on Kickstarter
3. DuPont Sustainable Solutions Expands Safety Consulting into Healthcare Industry
4. Health Strategist Jay Cardiello Provides Sustainable and Quick Weight Loss Tips with The No Diet Plan, Featured on New ABC TV Reality Show
5. Limited Tickets Available for Seedstock’s 4th Annual Sustainable Agriculture Conference as Event Nears
6. Sustainable Fisheries Partnership Gives Top Marks to Omega Protein Fisheries
7. Premier Sustainable Products Brand Bambeco Lands $20.5 Million Investment
8. VIDEO: Sustainable Aquaculture Takes Center Stage at International Conference
9. Nevada’s DRI Sustainable Water Initiative Highlighted within Mediaplanet’s “Global Water Crisis” Campaign
10. Experts in Urban and Local Food Systems Development to Address Seedstock Sustainable Agriculture Conference Nov. 3-4 Discounted ticket sales end Sept. 4
11. Phytomer Announces Phytomer Spa & Wellness, a New Sustainable Spa Facility in Saint-Malo
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/11/2019)... ... 11, 2019 , ... American Family Care , the ... expanding its long-term partnership with 919 Marketing , a national content marketing ... 200 locations across the country, American Family Care (AFC) is enlisting 919 Marketing’s ...
(Date:11/9/2019)... ... November 08, 2019 , ... The Women’s Dermatologic Society (WDS) ... health concerns. The WDS Board of Directors appointed Molly Hinshaw, MD to fill the ... current March 2019-March 2020 term and will be presented to the membership as the ...
(Date:11/7/2019)... ... 06, 2019 , ... Atlantic Ultraviolet Corporation makes it their business to fight ... shot. Since the flu season starts in October until March, Atlantic Ultraviolet makes it ... can simply sign-up and get their shot. , Ann Wysocki, COO of Atlantic Ultraviolet ...
(Date:11/7/2019)... ... November 07, 2019 , ... Understanding UDI in EU Device ... https://www.fdanews.com/understandudi , Are EU device and IV diagnostics sales in jeopardy? , ... regulations —UDI — is ahead, and many device and diagnostics makers simply aren’t prepared. ...
(Date:11/6/2019)... ... November 06, 2019 , ... ... plan market, announced today that 94% of the health insurance plans receiving the ... Medicaid health insurance plans, use SPH solutions according to reports recently released ...
Breaking Medicine News(10 mins):
(Date:11/6/2019)... (PRWEB) , ... November 06, 2019 , ... Big Buzz ... as it charges forward into healthcare and medical technology. The agency - which primarily ... multiple awards, while team members spoke at prominent events nationwide. , In June, Big ...
(Date:11/6/2019)... ... 2019 , ... Enara Health , a technology-powered clinical ... behaviors that are associated with higher weight loss in individuals enrolled in a ... study, “Mobile Engagement Behaviors Associated With Sustained 15% Weight Loss,” provides real-world evidence ...
(Date:11/5/2019)... ... November 05, 2019 , ... Ida Culver House Broadview announced ... This will result in the layoff of 147 full- and part-time workers, and 53 ... transition will enable Ida Culver House Broadview to shift its care model to provide ...
Breaking Medicine Technology: