• Maine Health & Higher Educational Facilities Authority: 50 Years of Bond Financing.

    MHHEFA provides easy access to low-cost financing for capital projects.

    • Public markets
    • Private placements
    • Tax-exempt bonds
    • Taxable bonds

    Let our 50 years of expertise help you find the right solution for your organization.

    Who’s eligible?

    Events

    A Regular Meeting of the MHHEFA Board

    September 11, 2026 - 1:00 pm at 127 Community Drive, Augusta, Maine 04330

    A Regular Meeting of the MHHEFA Board

    October 20, 2026 - 1:00 pm at 127 Community Drive, Augusta, Maine 04330

    A Regular Meeting of the MHHEFA Board

    November 6, 2026 - 1:00 pm at 127 Community Drive, Augusta, Maine 04330

    The Annual Meeting of the MHHEFA Board

    December 15, 2026 - 4:30 pm at Harraseeket Inn. 162 Main Street, Freeport, Maine 04032

  • Updates & News

    MHHEFA-MGFA Program Officer Opening

    Make a Lasting Impact on Maine Communities Are you a finance professional who thrives on building relationships, managing complex projects, and creating meaningful public impact? The Maine Municipal Bond Bank (MMBB) is seeking a Program Officer to lead financing programs for the Maine Health & Higher Educational Facilities Authority (MHHEFA) and the Maine Governmental Facilities Authority (MGFA). In this highly visible leadership role, you'll help hospitals, higher education institutions, and public facilities across Maine access the affordable financing they need to serve their communities. This is a substantial finance position, and more: it is an opportunity to shape projects that improve infrastructure, healthcare, education, and quality of life throughout Maine.  Please view the job description here. Please submit your resume and cover letter and *salary requirements before 8/19/26 via email to kmccormick@mmbb.com Questions? 207-620-1452

    Moody's assigns Aa3 to Maine Health and Higher Educational Facilities Authority's Reserve Fund Resolution Program

    Fitch Rates $83MM MHHEFA AA-

    MHHEFA closes $78.1M pool deal

    On May 15, 2025 MHHEFA completed the 2025A bond issue for $78,140,000. Pool members included Foxcroft Academy, College of the Atlantic, Jesup Memorial Library, North Yarmouth Academy, Northern Maine Medical Center, Redington-Fairview General Hospital, and Woodfords Family Services. The All-In TIC was 4.715%. See the case study here.

    MHHEFA closes two bond issues in September for $274M

    MHHEFA closed the $86.4M, 2024A pooled bond issue and the $187M, 2024B conduit issue in September.  The 2024B provided financing for the new home of the Roux Institute of Northeastern University in Portland, Maine. The 2024A included financing for the new headquarters of Martin's Point Healthcare also in Portland.

    Moody's upgrades MHHEFA to Aa3, outlook stable

    MHHEFA closes $122.4M pool deal

    On December 5th, 2023 MHHEFA completed the 2023B bond issue for $122,420,000. Pool members included MaineHealth, Hometown Health (an FQHC), Mount Desert Island Hospital, Houlton Regional Hospital and North Yarmouth Academy.  The All-In TIC was 4.79%. See the case study here.

    MHHEFA rated A+/A1, Outlook Positive

    MHHEFA 2023A Bond Issue

    MHHEFA closed the 2023A, $68,415,000 bond issue with an All-in TIC of 4.304%. Raymond James served as senior manager. See the full case study here MHHEFA 2023A Case Study.