Recently, the City of Mt. Pleasant was designated a Property Assessed Clean Energy (PACE) district. PACE is an economic development tool that provides financing to implement energy efficiency, water efficiency and renewable energy projects in commercial, industrial, multi-family, nonprofit and faith-based buildings. Property owners benefit from long term, 100% up front capital to invest in money-saving technologies through a voluntary special assessment.
Mt. Pleasant is the 57th local government in the state to join Lean & Green Michigan’s PACE district. Local businesses now have access to a statewide market of lenders and contractors who can help make clean energy projects a reality – all with no tax payer money. To date, $256 million of private funds have been invested in Michigan projects.
Brian Kench, Mt. Pleasant Building Official shared, “The PACE program provides an opportunity for efficient and energy renewable projects to become a reality in our community. Property owners will now benefit from up front capital, making sustainable energy development projects economically viable.”
For more information on this program visit: www.mt-pleasant.org/building
About Lean & Green Michigan™
Lean & Green Michigan™ helps commercial, industrial and multi-family property owners finance energy projects, eliminate waste and save money through innovative financing solutions that make energy projects profitable for all parties – property owners, contractors and financial institutions. For more information, visit www.leanandgreenmi.com.
