Proceeds from the bond issuance may be used to finance construction, expansion, and renovation projects, facility acquisition, refinancing of existing debt, and to pay costs of issuance. Interest paid on most MEHEFA bonds are exempt from both federal and Maine State income taxes.

Pool Loans:
Pool Loans are issued for borrowers that need to borrow amounts ranging from $100,000 to $10 million. MHHEFA groups several loans together into a single bond issue, where bond issuance costs are shared by all participants.

Standard Bond Issue:
If you are looking for a loan of $10 million dollars or greater the Standard Bond Issue may be a convenient alternative to the Pool Loan for financing your project.

Maine PowerOptions :
Commited to providing the best energy supply rates, Maine PowerOptions is an energy-purchasing consortium that serves as an aggregator for Maine's local governmental and non-profit organizations. Come to our homepage and see what benefits your organization or facility could enjoy by becoming a member..