Luxury hotel on La Salle to get $21M in city-backed financing to save energy – Chicago Sun-Times

The financing is available through Chicago PACE, or Property Assessed Clean Energy, a program the Illinois General Assembly authorized statewide in 2018. Former Mayor Rahm Emanuel’s administration got it started in Chicago and his successor, Lori Lightfoot, has embraced it as an incentive for economic growth that’s energy efficient.

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