The Municipal Assistance Corporation

The Municipal Assistance Corporation (MAC) is a financial organization created by a government entity to help cities or municipalities manage economic challenges. It provides short-term funding or financial support during periods of fiscal crisis, aiming to stabilize the local government’s budget, restore creditworthiness, and ensure the delivery of essential services. Essentially, MAC acts as a bridge to help municipalities regain financial stability, manage debt, and implement fiscal reforms, allowing them to continue functioning effectively despite financial difficulties.