The Nation’s First Nonprofit Green Bank

For more than a decade, Michigan Saves has been a trusted financial partner to tens of thousands of homeowners, building owners and public entities — helping them access affordable financing to make clean energy investments and building upgrades that lower utility bills and create healthier homes, thriving businesses and stronger communities.

Like the Detroit homeowner who endured frigid winters without a working boiler, relying on costly space heaters that drove up electricity bills. Thanks to alternative underwriting from Michigan Saves, she was able to secure financing for a new boiler — restoring warmth, safety and stability to her home. Or the family in Traverse City who used our Lead Poisoning Prevention Fund to safely renovate their century-old home for the health and safety of their young children. Or the homeowners in Au Gres who would have had to sell their new home due to a failing septic system if not for our Septic Replacement Loan Program providing a solution. Or the rural school district that partnered with an authorized Michigan Saves contractor to install new lighting and controls — lowering operating costs with low-cost financing so more dollars stay in the classroom where they belong. These are just a few of the stories behind our mission to make essential improvements accessible to all — especially those who’ve historically faced barriers.

And now, through our Climate Fund, we’re going even further by supporting innovative clean energy projects, investing in community resilience and catalyzing new markets to ensure no one is left behind in Michigan’s clean energy future.

By expanding access to affordable financing, building strategic partnerships and prioritizing equity at every turn, we’re working to close the investment gap. Everyone deserves safe, healthy and sustainable homes and communities.

View our five-year strategic plan.