Vermont Municipal Bond Bank issues low interest, tax exempt, taxable, and tax credit bonds for eligible municipal projects.

These include:

• General Obligation or Non-Revenue bonds (bonds paid by general municipal property taxes)

Loan proceeds have been used for:

• Purchase of land
• New construction and renovation of town or school buildings
• Purchase of equipment
• Infrastructure installation and repairs
• Water supply systems
• Wastewater systems

• Revenue bonds (bonds paid with project fees)

For example:

• Electrical generation systems
• Water supply and wastewater systems