Lean & Green Michigan welcomes 53rd member, sets webinar

DETROIT–Lean & Green Michigan, the statewide provider of Property Assessed Clean Energy financing, will conduct a webinar titled “PACE in the New Year” Wednesday, Jan. 25 at 1 p.m. Eastern time.

Officials at the organization said they expect 2023 to be another busy year. In the webinar, they’ll discuss their latest projects, new changes in PACE financing for contractors and lenders, possible legislative changes, and expected trends for PACE in 2023.1.24

To register, visit https://www.eventbrite.com/e/lean-green-michigans-pace-in-the-new-year-webinar-tickets-504889446927.

LAGM also announced that South Haven Charter Township has become the latest municipality to join the PACE program. A total of 53 cities, townships and counties, representing more than 74 percent of the state’s population, now participate in the program.

In PACE financing, energy efficiency and renewable energy building improvements can be financed over a time frame of up to 30 years as a tax assessment that can be transferred to new owners of the property. That allows energy improvements to be made that have paybacks longer than the typical building improvement or home improvement loan.

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