The Maine Municipal Bond Bank was created in 1971 by the Maine
State Legislature. The agency has an immense history of providing
Maine’s cities, towns, school systems, water and sewer districts,
and other governmental entities access to low cost capital funds through the sale of its highly rated tax-exempt bonds. Established
as an independent agency, the Bond Bank is administered by a
board of commissioners
appointed by the Governor. The Bond Bank
works closely with its municipal clientele to provide unique, cost
effective and competitive financing programs.
MMBB 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.
MMBB works with both the
Maine Health & Higher Educational Facilities Authority and the
Maine Governmental Facilities Authority.