Florida PACE Funding Agency Executive Director Steps Down Following Election Win

The Florida PACE Funding Agency (FPFA) is undergoing a leadership change as Executive Director Mike Moran steps down following his election as Tax Collector in Sarasota County, Florida. The announcement, made at a board meeting on December 10th, 2024, in Kissimmee, Florida, marks the end of Moran's tenure since 2019 and ushers in a new era for the agency.

During Moran's leadership, FPFA experienced substantial growth, funding over 29,000 hurricane-hardening and energy efficiency projects exceeding $900 million. These improvements included critical home upgrades such as roofs, windows, doors, air conditioners, and generators, significantly enhancing the resilience and energy efficiency of Florida homes.

The FPFA Board of Directors unanimously appointed Wendi Leach, the current Director of Operations, as the new Executive Director. This seamless transition is expected to maintain the agency's momentum in providing sustainable financing solutions for Florida residents.

Mike Steigerwald, Chair of the FPFA Board of Directors, expressed confidence in Leach's ability to lead the agency, citing her leadership and operational expertise as key factors in FPFA's success. The change in leadership comes at a crucial time for Florida's homeowners, who continue to face challenges related to climate resilience and energy costs.

The impact of FPFA's work extends beyond individual homeowners to the broader Florida community. By facilitating investments in hurricane-resistant and energy-efficient home improvements, the agency plays a vital role in enhancing the state's overall resilience to natural disasters and reducing its carbon footprint.

As Moran transitions to his new role as Sarasota County Tax Collector, his departure from FPFA highlights the intersection of public service and sustainable community development. The agency's continued focus on providing financing options for critical home improvements underscores the ongoing need for innovative solutions to address climate-related challenges in Florida.

The leadership change at FPFA comes at a time when climate resilience and energy efficiency are increasingly important issues for homeowners and policymakers alike. As the agency moves forward under new leadership, its role in supporting sustainable home improvements is likely to remain crucial in Florida's efforts to adapt to environmental challenges and promote energy conservation.