A loan program was set up to boost energy efficiency. Instead, it`s being used to build `granny flats`
(LA Times Anaheim Ducks)

As stories piled up of homeowners being smooth-talked into taking home improvement loans they couldn´t afford, defenders of the PACE program cited its safety features. The loans could be used only for environmentally friendly and safety projects, they noted. And money couldn´t be issued until projects...