Our Mission

MFA's mission is to provide local governments and eligible nonprofit entities access to low-cost, tax-exempt and other financing for projects that contribute to social and economic growth and improve the overall quality of life in communities throughout the country.


All Meetings are 7 PM in the Monroeville Municipal building and all are on Tuesday

Date Time Location
Tuesday, January 16, 2024
Tuesday, January 23, 2024 (alternate)
7:00 PM Monroeville Municipal Building
Tuesday, April 16, 2024
Tuesday, April 23, 2024 (alternate)
7:00 PM Monroeville Municipal Building
Tuesday, July 16, 2024
Tuesday, July 23, 2024 (alternate)
7:00 PM Monroeville Municipal Building
Tuesday, October 15, 2024
Tuesday, October 23, 2024 (alternate)
7:00 PM Monroeville Municipal Building

Cost Effective

MFA is authorized to issue bonds in all 50 states providing economies of scale for multi-jurisdictional projects. Additionally, the use of tax-exempt bonds to finance a project significantly reduces the borrower’s costs in the form of a lower interest rate.

  • Streamlined, cost-effective bond financing for a wide range of projects in all 50 states.
  • Ability to leverage economies-of-scale by using a single conduit issuer for borrowers financing facilities in multiple jurisdictions.
  • Ability to work effectively and efficiently with each borrower and its finance and legal teams to satisfy the governmental approval process, including local TEFRA approval, and securing MFA approval.
  • Increases opportunity for institutional borrowers to access the municipal bond market by providing technical assistance to local governments that may otherwise be unable to issue conduit bonds due to limited resources or a lack of familiarity with the process.
  • A recognized national conduit issuer identity in the bond marketplace.
  • All bonds issued by PFA are considered conduit debt obligations solely of MFA. No liability for debt repayment is attributed to the local government agency.