Lean & Green Michigan

What Lean & Green Michigan does

Lean & Green Michigan (LAGM) is a third-party administrator that enables commercial, industrial, multifamily, nonprofit, and agricultural property owners in Michigan to finance energy efficiency, water conservation, renewable energy, and environmental hazard mitigation projects through Property Assessed Clean Energy (PACE) special assessments. Founded in 2012 and headquartered in Detroit at 950 Selden St Suite 275, LAGM coordinates among local governments, contractors, and lenders under Michigan Public Act 270 of 2010, administering PACE districts across 36 Michigan counties and 27 cities/townships at no cost to participating jurisdictions. As of 2024/2025, the company has facilitated 92 PACE projects representing over $315 million in total capital invested, with reported lifetime outcomes including 744.6 million kWh of electricity savings, 1.24 million metric tons of CO2 avoided, 871.4 million gallons of water saved, $344 million in property owner savings, and 3,606 jobs created.

The company's core offering is the PACE Financing Program, which provides up to 100% upfront financing with terms up to 25 years, fixed interest rates, and a statutory savings-to-investment ratio (SIR) greater than 1 for projects above $250,000. PACE assessments are non-recourse and "run with the land," transferring to new owners upon property sale. Supporting products include PACE Express — a streamlined sub-product for projects of $250,000 or less with reduced requirements and no savings guarantee — and a contractor registration and training program ($150 fee) that onboards energy efficiency contractors into a public, searchable database. Lender coordination is provided across an open-market network of 30+ registered PACE lenders including Nuveen Green Capital, PACE Equity, PACE Loan Group, Bayview PACE, and Peachtree Group.

LAGM operates as a public-private partnership led by Founder and Chief Strategist Andy Levin, CEO and owner Mary Freeman, Senior Counsel Jon Wylie, and Business and Communications Associate Claire Newman — a four-person team. Revenue is derived from third-party administration fees, contractor registration fees, and project-related transaction fees; no explicit revenue model or financial figures are disclosed. The company received HUD approval for its PACE program in April 2024, opening the affordable housing market, and supported Michigan's 2024 PACE statutory amendments (SB 302 and SB 303) that modernized the program's framework.

Name

Lean & Green Michigan

Legal name

Lean & Green Michigan

Website

http://www.leanandgreenmi.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Lean & Green Michigan is a third-party administrator enabling commercial property owners in 36 Michigan counties to finance energy efficiency, water conservation, and renewable energy projects through Property Assessed Clean Energy (PACE) special assessments, coordinating local governments, contractors, and lenders.

Ownership category

akta.pro rank

Product category

PACE Financing Administration

akta.pro primary industry

Energy Efficiency & Green Retrofit Financing (FSALAHAK)

akta.pro secondary industries

Energy & Water Efficiency Programs (Corporate Resource Management) (EUAHAJAG), Incentives, Subsidies & Tax Policy (ITC/PTC, FiTs, Auctions/CfDs) (EUAMANAE)

Keywords

• PACE financing
• Commercial property financing
• Energy efficiency lending
• Clean energy administration
• Property assessed financing

Headquarters

HQ city

Detroit

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Third-Party Administration Fees: LAGM operates as a third-party administrator for local governments' PACE programs. Revenue appears to derive from program administration fees, contractor registration fees ($150 per contractor), and potentially fees associated with PACE project closings. No explicit revenue model is stated on the website.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Lean & Green Michigan administers Michigan's statewide PACE (Property Assessed Clean Energy) financing program as a third-party administrator for local governments. It enables commercial, industrial, multifamily (4+ units), nonprofit, and agricultural property owners to finance energy efficiency, water conservation, renewable energy, and environmental hazard mitigation projects with up to 100% upfront financing, terms up to 25 years, fixed interest rates, and repayment via voluntary special assessments collected through the property tax system. The company coordinates an open market of 30+ PACE lenders and 60+ registered contractors, offers a streamlined PACE Express tier for projects at or under $250,000, and administers programs at no cost to participating Michigan counties, cities, and townships.

Product overview

Lean & Green Michigan operates as a statewide PACE (Property Assessed Clean Energy) financing marketplace, functioning as a third-party administrator for local governments' PACE programs. The core offering is the PACE Financing Program, which enables commercial, industrial, multifamily, nonprofit, and agricultural property owners to finance energy efficiency, water conservation, renewable energy, and environmental hazard mitigation projects. The company offers two financing tiers: the standard PACE program for projects of any size with comprehensive requirements, and PACE Express for smaller projects ($250,000 or less) with streamlined processing. Supporting services include contractor registration and training, lender coordination, and project development assistance for property owners, contractors, and local governments.

Differentiator

Problem solved

Functional benefit

Brands

• PACE Express: A streamlined PACE program for smaller projects financing $250,000 or less with fewer requirements and reduced fees.

Products and services

• PACE (Property Assessed Clean Energy) Financing Program Statewide PACE financing program administered for Michigan counties, cities, and townships, enabling commercial, industrial, multifamily, nonprofit, and agricultural property owners to finance energy efficiency, water conservation, renewable energy, and environmental hazard mitigation projects with up to 100% upfront financing, terms up to 25 years, fixed interest rates, and repayment through voluntary special assessments collected on the property tax bill. Projects above $250,000 require a savings-to-investment ratio greater than 1 and a contractor-provided savings guarantee.
• PACE Express Streamlined PACE offering for projects of $250,000 or less, featuring fewer requirements, a simplified approval process, and reduced fees compared to standard PACE projects, intended for smaller commercial energy efficiency and water conservation upgrades.
• PACE Contractor Registration and Training Program Registration, training, and certification service for Michigan-based energy efficiency contractors. Includes a $150 one-time registration fee, training manual, video and program quizzes, and a public listing in the LAGM contractor database accessible to property owners seeking PACE-financed projects across HVAC, lighting, building envelope, solar PV, geothermal, EV charging, water efficiency, and energy audit services.
• PACE Lender Coordination Service Coordination and program administration service that connects property owners with a network of registered PACE lenders, including Nuveen Green Capital, PACE Equity, PACE Loan Group, Bayview PACE, Peachtree Group, CastleGreen Finance, CounterpointeSRE, Inland Green Capital, Petros PACE Finance, Structured Finance Associates, Twain Financial Partners, Wells Fargo, and others, enabling competitive fixed-rate financing with terms up to 25 years.

Quantifiable outcome

• Property owners generate more money in savings than they finance — projects are cash-flow positive from day one as a statutory condition of project approval.
• +6 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• HUD (U.S. Department of Housing and Urban Development)coreOthers · 1 April 2024HUD formally approved the Lean & Green Michigan PACE program on April 1, 2024, following a formal compatibility review with HUD's multifamily housing programs. This approval enables LAGM to work with properties holding HUD mortgages, opening significant new opportunities in affordable housing.
• Michigan SavescoreStrategic or Co-development PartnerMichigan Saves is a partner organization through which contractors register their business information for the LAGM contractor database. Michigan Saves is a statewide nonprofit that promotes energy efficiency and renewable energy financing.
• 2030 Districts (Ann Arbor, Detroit, Grand Rapids)minorStrategic or Co-development PartnerLAGM partners with 2030 Districts in Ann Arbor, Detroit, and Grand Rapids to provide energy management resources to property owners. LAGM encourages property owners in these cities to work with their local 2030 District chapter for additional energy management support alongside PACE financing.
• Andy Levin (Founder)coreOthersAndy Levin is LAGM's Founder and Chief Strategist. He helped shepherd Michigan's PACE statute through the state legislature in 2010 while running the Michigan Department of Energy, Labor & Economic Growth under Governor Jennifer Granholm. He conceived of LAGM as a user-friendly, open-market PACE program accessible to all local jurisdictions for free. He also previously served in the U.S. Congress representing Macomb and Oakland Counties.
• Michigan Energy Innovation Business Council (Michigan EIBC)minorStrategic or Co-development PartnerMichigan EIBC is the state's primary clean energy business association. LAGM is an active member and was awarded Business of the Year at the 9th annual Michigan Energy Innovators Gala (2021).
• Participating Michigan CountiescoreStrategic or Co-development Partner36 Michigan counties participate in the LAGM PACE program, including Wayne, Oakland, Macomb, Grand Traverse, Ingham, Genesee, St. Clair, Eaton, Ottawa, Saginaw, Antrim, Barry, Calhoun, and others. Counties create PACE districts at no cost using LAGM's standardized templates and enforce PACE assessments through property tax collection.
• Participating Michigan Cities and TownshipscoreStrategic or Co-development Partner27 Michigan cities and townships participate, including Adrian, Grand Rapids, Ferndale, Pontiac, Royal Oak, Troy, Southfield, Rochester Hills, Kentwood, Wyoming, Muskegon, Howell, Hillsdale, and others. They establish PACE districts and facilitate PACE financing for commercial property owners in their jurisdictions.
• ABMminorChannel Partner/ Reseller/ DistributorABM is a registered PACE contractor offering the broadest range of services including HVAC, lighting, building envelope, solar PV, geothermal, EV charging, and more. Contact: 248-614-3439. Previously completed Heller Machine Tools project ($978K).
• G-Energy LLCminorChannel Partner/ Reseller/ DistributorG-Energy LLC is a registered PACE contractor based in Michigan, specializing in energy efficiency projects. Contact: 616-457-8601. Has completed multiple projects including Birmingham Towers and AC Detroit at the Bonstelle.
• PACE Equity (as Contractor)minorChannel Partner/ Reseller/ DistributorPACE Equity serves as both a PACE lender and PACE contractor in Michigan, providing financing and energy engineering services. Completed Hearthfire Holdings Taylor ($2.55M) and Hills West ($1.64M) projects.
• DTE EnergyminorOthersLAGM encourages property owners to take advantage of DTE Energy Incentive Programs for commercial customers alongside PACE financing. DTE offers various rebates and incentives for energy efficiency projects.
• Consumers EnergyminorOthersLAGM encourages property owners to utilize Consumers Energy Energy Efficiency Rebates and Programs alongside PACE financing for commercial properties in Michigan.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Petros PACE Finance: National commercial PACE capital provider and program administrator (formerly CleanFund) active across multiple states. Highly comparable as a competing PACE administrator/lender model targeting the same commercial property owner segment with similar open-market mechanics.
• PACE Equity: National commercial PACE lender and energy engineering firm with a registered lender relationship with LAGM. Directly comparable as a PACE capital and administration competitor operating in overlapping geographies.
• Ygrene Energy Fund: One of the largest U.S. PACE program administrators, originally focused on residential and now expanding into commercial PACE. Comparable as a competing PACE administrator with similar statutory/government-relations go-to-market.
• CounterpointeSRE: National commercial PACE capital provider and administrator. Comparable as a competing turnkey PACE administrator/lender targeting the same commercial property owner use case.
• PACE Loan Group: National commercial PACE lender with a registered relationship with LAGM. Comparable as a competing PACE lender active in Michigan and other states.
• Twain Financial Partners: Commercial PACE lender with a registered Michigan relationship through LAGM. Comparable as a competing PACE lender serving similar commercial property owner borrowers.
• Bayview PACE: Commercial PACE lender affiliated with Bayview Asset Management, registered to finance Michigan PACE projects via LAGM. Comparable as a competing institutional PACE capital provider.

Broad incumbents

• Nuveen Green Capital: Large-scale institutional PACE lender (TIAA/Nuveen subsidiary) and a registered Michigan PACE lender via LAGM. Comparable as a major institutional capital source within the same PACE ecosystem LAGM administers.

Regional players

• Michigan Saves: Michigan statewide nonprofit that promotes energy efficiency and renewable energy financing and is a partner organization for LAGM's contractor database. Comparable as a Michigan-based energy financing conduit with overlapping stakeholder ecosystem.

Emerging players

• Figurr Energy District: Specialized commercial PACE program administrator focused on district-based clean energy financing. Comparable as a niche PACE administrator with a similar local-government-anchored business model, though smaller in scale than LAGM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=eyHk-qpUTaM
• Xx.com/leanandgreenmi
• Facebookfacebook.com/leanandgreenmi

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lean & Green Michigan