14.__Manage or operate real and personal property.__To manage or operate or cause to be managed or operated real and personal property, take assignments of leases and rentals or take any other action necessary or incidental to the performance of its duties under this Act;

15.__Secured or unsecured loans.__To make secured or unsecured loans for the purpose of providing temporary or permanent financing or refinancing of all or part of the cost of any project, projects or part of any project, including the refunding of any outstanding obligations, mortgages or advances issued, made or given by any person for the cost of a project, projects or part of any project;

16.__Investments.__Except as otherwise provided in this Act, to invest any funds not needed for immediate use, including any funds held in reserve, in property or securities in which fiduciaries in the State may legally invest funds;

17.__Appearances.__To appear in its own behalf before boards, commissions, departments or agencies of municipal government, State Government or Federal Government;

18.__Executive director; other employees.__To employ an executive director, consulting foresters, attorneys, accountants, financial experts and such other employees and agents as may be necessary in its judgment;

19.__All acts granted or implied.__To do any act necessary or convenient to exercise the powers granted in this Act or reasonably inferred from this Act;

20.__Contract with Maine Municipal Bond Bank.__In carrying out its powers under this section, the board shall, whenever possible, contract with the Maine Municipal Bond Bank for necessary clerical and administrative services, including use of the Executive Director of the Maine Municipal Bond Bank as the executive director, secretary and treasurer of the board;

21.__Accept federal funds, gifts and contributions.__To accept federal funds, gifts and contributions, including, without limitation, money, annuities and investments or anything of value, for the purposes set forth in section 6434; and