Yellow Medicine County Board of Commissioners Agenda
UMVRDC Proposes PACE Lending Program via JPA
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Description
UMVRDC is seeking Joint Powers Agreement approvals across its region to operate a regional PACE lending program for financing commercial clean energy and efficiency projects.
Contract Details
Vendor
UPPER MINNESOTA VALLEY REGIONAL DEVELOPMENT COMMISSION
Agency
Yellow Medicine County, MN
Contract Type
FINANCIAL_SERVICES
Document Date
August 12, 2025
Contract Term
PACE lending program may finance projects up to 30 years; program is subject to county entering JPA with UMVRDC
Renewal Info
Term and renewal provisions to be set in forthcoming Joint Powers Agreement; program allows up to 30-year loans for participants.
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