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.