About NHMBB
For over 40 years, the New Hampshire Municipal Bond Bank (NHMBB) has been a cornerstone in supporting local communities across the Granite State. Founded in 1978, NHMBB was established with a clear mission: to provide municipalities with accessible, reliable, and competitive financing solutions for essential public projects.
NHMBB’s Vision
This vision was brought to life through the leadership of John B. Andrews, who drew inspiration from similar initiatives in Maine, working closely with state leaders and a dedicated team to pass the legislation that would shape New Hampshire’s bond banking future.
Our early days were filled with collaboration, starting with meetings in Concord’s local bank offices and eventually securing our home at 10 Park Street, steps away from the State House. Over the years, we’ve evolved, but the core values established in our formative years still guide us today. Our commitment to simplifying the borrowing process, ensuring competitive rates, and fostering long-term financial stability for local governments is stronger than ever.
A Legacy of Supporting Local Growth
Since issuing our first loan in the late 1970s, NHMBB has supported over a thousand projects, contributing nearly $4 billion in loans to municipalities. From crucial water and sewer projects in the early days to the construction of schools, fire stations, and libraries, we have financed the foundations of our communities. As times have changed, so have the needs of New Hampshire’s towns and cities—whether funding conservation efforts, land preservation, or critical infrastructure like dam repairs and road reconstruction in response to state-wide flooding.
Each loan tells a story of community investment and progress. From a $19,000 fire truck repair in Waterville Valley to a $49 million state-of-the-art school in Bedford, our tailored financial solutions have empowered municipalities to address their unique needs.
Our Mission Today
Our history is more than just a timeline—it’s the foundation of our present-day mission. We remain steadfast in our commitment to helping New Hampshire’s municipalities achieve their goals through smart, efficient, and accessible financing. With ratings from Moody’s, and Standard & Poor’s ensuring competitive interest rates, we strive to make borrowing as streamlined and beneficial as possible for local governments, big or small.
Today, NHMBB continues to be the first stop for cities and towns seeking dependable financial solutions. From local governments to educational institutions, we are proud to support the growth and sustainability of communities throughout New Hampshire.
Dedicated Leadership
Our success wouldn’t be possible without the tireless dedication of our Board of Directors and the NHMBB Team. As we look toward the future, we remain deeply committed to the communities we serve. The projects we finance today will continue to lay the groundwork for a prosperous and sustainable New Hampshire tomorrow. We’re honored to be a part of your community’s journey, and we look forward to building bonds—both financial and personal—that strengthen our state for generations to come.