The Maine Health and Higher Educational Facilities Authority (MHHEFA) provides
eligible non-profit colleges, universities and licensed healthcare facilities access
to capital markets by issuing low cost, tax-exempt bonds and lending the proceeds
to finance or refinance the acquisition, construction, and renovation of facilities.
Tax-exempt bonds issued through MHHEFA result in interest rates that are much lower
than conventional bank financing.
MHHEFA is also the co-sponsor of the Maine PowerOptions
program providing electric aggregation services to our eligible borrowers as well
as the chance to purchase fuel oil as part of a bulk purchase program.