The policy outlines the investment of MEFA’s funds including the General Funds of the Authority, the U.Plan Prepaid Tuition Program, U.Fund College Investing Program, and Trusteed Funds held under various Bond Resolutions.
The purpose of the Investment Policy is to identify the policies that will govern the investment activities of the Massachusetts Housing Finance Agency “MassHousing”. The Policy will serve as a source of information for the Board of Directors, the Executive Director, credit rating agencies, and financial institutions. The Policy is designed to ensure the prudent management of funds, and the availability of operating and capital funds when required, while earning a competitive return within the Policy framework.
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