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Tax Credit Development Financing offers competitive, fixed-rate financing designed specifically for tax credit developments.
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Features & Benefits

  • Loan amounts from $500,000 to $10,000,000—financing to meet your needs.
  • Competitive fixed-rate financing—no need to worry about rates increasing during the life of the loan.
  • 30-year term with 30-year amortization—terms to meet your needs.
  • Construction and/or permanent financing—work with one lender for all your financing needs.

 

Term Sheet

The Term Sheet is a summary of the lending terms of Tax Credit Development Financing.

 

Feasibility Worksheet

The Feasibility Worksheet helps you evaluate whether your proposed development will be feasible using WHEDA financing. It walks you through a cash flow analysis, and shows the strengths and weaknesses of your development.

 

Loan Application

Download application materials. For help when downloading files, read our About File Formats instructions.

 

How to Use Tax Credit Development Financing

How to Use Tax Credit Development Financing tells how to get started with Tax Credit Development Financing.

 

Frequently Asked Questions

FAQs list questions and their answers to commonly asked questions about Tax Credit Development Financing.

 

Data Library

The Multifamily Data Library includes links to Tax Credit Development Financing, such as occupancy rates, operating expenses, tax-credit projects, federally-assisted rental housing, and fair market rents.

Development Guidelines

2008 Income and Rent Limits
HUD published income and rents limits that apply to most tax-exempt bond financing and all tax credit developments.
Capital Needs Assessment Policy and Standards and Developer Scope of Work Requirements (Excel document)
Information required for developers and independent, third-party capital needs assessment providers.
Capital Needs Assessment Provider List
A list of approved independent, third-party capital needs assessment providers.
Developer Fee Policy
Our policy regarding developer fees for tax-exempt bond financing and tax credit development.
Land Survey Requirements
Required for all developments using WHEDA construction financing.
Market Study Guidelines
Information required for independent, third-party market study providers. These requirements were revised in October 2006. Please read the document carefully to ensure your market study complies with the updated guidelines.
Market Study Approved Provider List/How to Become an Approved Provider
WHEDA's list of approved independent, third-party market study providers, plus instructions for applying to become an approved provider.

 

Forms

Forms available in .pdf and .exe format.

 

Asset Management

Asset Management includes information, forms, and requirements for managing affordable rental housing.

 

Subscription Service

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