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Lean & Green Michigan asks Washtenaw County to renew PACE program to expand clean-energy, resiliency projects
Summary
Former Congressman Andy Levin and Lean & Green Michigan briefed the board on commercial PACE financing, urged Washtenaw County to reauthorize its program to align with state law changes, and described examples and potential local benefits.
Andy Levin, founder and chief strategist of Lean & Green Michigan and a former U.S. congressman, urged the Washtenaw County Board of Commissioners to reauthorize the county’s commercial Property Assessed Clean Energy (C-PACE) program so local property owners can access private financing for energy upgrades and certain resiliency and environmental-hazard remediation projects.
Levin told commissioners the county’s existing PACE district — created under state statute in 2010 and adopted locally in 2014 — allows private lenders to provide long-term financing secured by a tax assessment on a participating property, and that the program costs the county little or nothing while expanding opportunities for commercial, nonprofit and industrial properties to invest in efficiency, renewables and resiliency.
“PACE is a win, win, win,” Levin…
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