Why did I receive an Assessment Installment Bill from Florida PACE Funding Agency?
Why did I receive an Assessment Installment Bill from Florida PACE Funding Agency?
While our PACE assessments are usually billed through your property tax bill, this year, there was a dispute with several county Tax Collectors who refused to put those on the tax bill.
We are hopeful we will get that dispute resolved so that the subsequent year’s assessments will appear on your tax bill. However, for the 2023 annual assessment, we have mailed you an Assessment Installment bill to pay.
What if I did not receive an invoice (or have misplaced it)?
What if I did not receive an invoice (or have misplaced it)?
Our PACE Assessment Administrator (DTA) will be happy to get you a copy of the Assessment Installment bill.
You can reach them at (800) 969-4382 or by email at: Payoffs@FloridaPACE.gov.
How can I make the payment?
How can I make the payment?
The Assessment Installment bill you received in the mail will contain a payment coupon (the bottom portion of the form). Please include that payment coupon with your check.
Be sure to write the APN (Parcel ID number) and your contract ID on the memo line of your check. Both numbers can also be found on the Assessment Installment Bill. We have included a pre-addressed envelope to assist you with the mailing. Should you wish to wire the funds instead, you will also see banking instructions on the form to assist you with that.
When is my payment due?
When is my payment due?
Just like your tax bill, payments are accepted from Nov 1, 2023 – March 31, 2024. They are considered delinquent as of April 1, 2024.
What happens if I have been escrowing this amount?
What happens if I have been escrowing this amount?
You can contact your mortgage company to see if they will accept the Assessment Installment Bill from you to pay us directly. Should your mortgage company wish to get on a call with you and a representative from our Agency, we are happy to help facilitate that…please call us at 850-400-7223 to set up that call.
The mortgage company may prefer to refund you the excess funds in your escrow account (the unused portion of the escrow that is left after they have paid your taxes and home insurance). Once you get that, you can then send us a check.
Can I make this payment online?
Can I make this payment online?
In addition to check or wire payment options, we do have some online payment options. To request online payment options, please email Payoffs@FloridaPACE.gov to request an invoice or call our PACE Assessment Administrator (DTA) at 800-969-4382 and they will be happy to help you.
What happens if I do not pay this invoice?
What happens if I do not pay this invoice?
You entered into a legally binding agreement with Florida PACE Funding Agency to finance the improvements to your property. As a result, a lien has been recorded on the property in a Notice of Assessment in your County’s Clerk of Court.
A failure to pay the assessment will be reported to the credit agencies and could negatively impact your credit score, in addition to penalties and interest being added to your assessment.
What if I have additional questions?
What if I have additional questions?
Our PACE Assessment Administrator (DTA) has staff that is standing by to help answer any additional questions you may have. Please feel free to reach out to them either by phone at (800) 969-4382 or by email at: Payoffs@FloridaPACE.gov.