As an entity of the Tennessee Municipal League, TMBF works closely with city officials to structure cost-effective and flexible borrowing options. Any governmental purpose project qualifies for financing through the TMBF programs. Types of projects include but are not limited to schools, roads, utilities, public buildings, jails, equipment, and any other project considered to be of benefit to the public. Project funds are available for any size government. Created in 1985, TMBF, began making loans in 1986.
Many borrowers have multiple loans through one or more programs.
Over 157 local governments have utilized the services of TMBF resulting in tremendous cost savings for these borrowers.